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AI CLUSTERED EVENT · 10/13/2026

DeepSeek Seeks 100 Billion Yuan in Second Funding Round at Flat 500 Billion Valuation to Accelerate IPO

1 reports archived1 independent sourcesupdated 10/13/2026, 09:47:22
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DeepSeek is preparing to close a second funding round of approximately 100 billion RMB while maintaining a pre-money valuation of around 500 billion RMB. The investor list features industrial capital with semiconductor and automotive supply chain backgrounds, such as SMIC Juyuan and Geely, alongside increased investment from CATL. This strategic shift supports its upcoming STAR Market IPO preparations, backed by annualized revenue exceeding 1 billion USD.

LATEST/DeepSeek is preparing to close a second funding round of approximately 100 billion RMB while maintaining a pre-money valuation of around 500 billion RMB. The investor list features industrial capital with semiconductor and automotive supply chain backgrounds, such as SMIC Juyuan and Geely, alongside increased investment from CATL. This strategic shift supports its upcoming STAR Market IPO preparations, backed by annualized revenue exceeding 1 billion USD.

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Total 1 reports · Latest first
  1. IT之家 · IT业界T2·78 pts
    • DeepSeek seeks ~100 billion RMB in its second round but keeps the pre-money valuation flat at ~500 billion RMB.
    • New investors include industrial players like SMIC Juyuan, Geely, and Shixi Capital, focusing on semiconductor and automotive supply chains.
    • CATL plans to double its investment to ~10 billion RMB, signaling strong confidence from existing major shareholders.
    • The company is accelerating its STAR Market IPO, hiring CITIC Securities and adjusting fund structures to meet shareholder count regulations.