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DeepSeek Secures 105.5 Billion Yuan in Series B Funding, Valuation Surpasses 615.5 Billion Yuan

According to The Information, DeepSeek's second funding round raised 105.5 billion yuan, pushing its valuation past 615.5 billion yuan, with nearly 30 investors participating. Tencent, CATL, and its chairman Zeng Yuqun were among them. Investors with state-owned backgrounds contributed about 27% of the funds in this round, up from 2% in the first.

DeepSeek Raises ¥105.5 Billion in Second Funding Round, Valuation Surpasses ¥615.5 Billion

According to The Information, DeepSeek's second funding round reached ¥105.5 billion, pushing its valuation beyond ¥615.5 billion, with nearly 30 investors participating. Tencent contributed ¥10 billion, while CATL and its chairman Zeng Yuqun collectively invested another ¥10 billion. Other notable investors on the list include CXMT, SMIC, Meituan, vivo, and Xiaohongshu.

Investors with state-owned backgrounds provided approximately 27% of the funds in this round, a significant increase from the 2% contributed in the first round (completed in June this year, totaling about ¥51 billion).

Source: Gelonghui