DeepSeek Reportedly Raises 105.5 Billion Yuan in Second Funding Round at 615.5 Billion Yuan Valuation, Tencent Doubles Down

Deep News10-30 14:50

According to foreign media reports, DeepSeek's second funding round reached 105.5 billion yuan, with nearly 30 investors participating, pushing the company's valuation past 615.5 billion yuan.

In addition to continued backing from Tencent and CATL, the latest contributors include leading technology companies such as ChangXin Memory Technologies, SMIC, Meituan, vivo, and Xiaohongshu, spanning chip manufacturing, consumer electronics, and internet services.

People familiar with the matter said Tencent invested 10 billion yuan in the second round, matching its first-round contribution, bringing its total investment across both rounds to 20 billion yuan.

CATL contributed 10 billion yuan, roughly doubling its first-round investment.

As of press time, DeepSeek had not publicly commented on matters related to the second funding round.

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