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According to a report by The Information, DeepSeek has completed its second round of financing, raising 105.5 billion yuan (approximately $15.8 billion) and attracting nearly 30 investors. Phoenix Technology, citing the report, said Tencent and CATL each contributed 10 billion yuan, and that ChangXin Memory Technologies, SMIC, Meituan, vivo, Xiaohongshu and others were also among the investors; state-owned investors contributed about 27% of the amount in this round, far higher than the 2% in the first round, with China Mobile, China Telecom, CICC, CITIC Securities and China Life among those participating. The report also said that, affected by rising prices of Nvidia's high-end chips and precautions against an AI bubble, DeepSeek doubled the size of its fundraising midway through the round. East Money, citing The Information's report the same day, gave the same total fundraising amount and the same proportion of state capital, and said CATL and its chairman Zeng Yuqun contributed 5 billion yuan and 10 billion yuan in the two rounds respectively. There is currently no official response from DeepSeek.
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AI Weekly: iPhone China AI to Open Testing Next Week; DeepSeek's 100-Billion-Yuan Financing Details RevealedDevelopments
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Foreign media report DeepSeek's second round of financing at 105.5 billion yuan
Source:Phoenix Technology
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Nov 1
Yicai
AI Weekly: iPhone China AI to Open Testing Next Week; DeepSeek's 100-Billion-Yuan Financing Details Revealed
Apple announced that the first batch of Apple Intelligence features will open for testing in China on November 4 with the iOS developer beta, and will officially launch in December with iOS 27.3. It is also partnering with Alibaba to integrate Qwen into Siri, Writing Tools, and Visual Intelligence. DeepSeek completed its second round of financing this month, raising approximately 105.5 billion yuan, with a post-investment valuation of 615.5 billion yuan; Tencent and CATL remain the two largest investors. Anthropic has submitted filings to list on Nasdaq under the ticker ANT, with market valuation expectations of 1.5 trillion to 2 trillion US dollars.
East Money
AI Weekly: iPhone China AI Opens Testing on November 4, DeepSeek's Hundred-Billion Funding Details Revealed
Apple announced that the first batch of Apple Intelligence features will open for testing in China on November 4 with the iOS developer Beta, and will officially launch in December with iOS 27.3. It is also partnering with Alibaba to integrate Qwen into Siri, Writing Tools, and Visual Intelligence. DeepSeek completed its second round of funding of approximately RMB 105.5 billion this month, with a post-investment valuation of RMB 615.5 billion; Tencent and CATL remain the two largest investors. Anthropic has filed with the SEC and plans to list on Nasdaq under the ticker "ANT".
Oct 31
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Oct 30
TMTPost · AGI
DeepSeek's second funding round raises 105.5 billion yuan, valuation reaches 615.5 billion yuan
According to foreign media citing sources, DeepSeek's second funding round raised 105.5 billion yuan (equivalent to 15.8 billion US dollars), with nearly 30 investors contributing jointly, at a valuation of 615.5 billion yuan. Industrial investors include ChangXin Memory Technologies, SMIC, Tencent, Meituan, CATL and others, each investing 1 billion to 3 billion yuan. The original article also noted that in the first funding round, investors other than the National AI Fund were required to give up voting rights and lock up their shares for five years, giving Liang Wenfeng 100% of voting rights.
TMTPost · AGIRelated discussion
TMTPost · AGI joined this discussion
This post contributes to heat; it is not a formal report or confirmed fact.
East MoneySelected
DeepSeek's second funding round details revealed: raised 105.5 billion yuan, with nearly 30 institutions including Tencent and ChangXin Memory Technologies participating
According to The Information, DeepSeek's second funding round has raised 105.5 billion yuan (approximately 15.8 billion US dollars), attracting nearly 30 investors, with state-owned capital contributing about 27%, a sharp increase from 2% in the first round. Tencent invested 10 billion yuan in each of the two rounds; CATL and its chairman Zeng Yuqun invested 5 billion yuan and 10 billion yuan in the two rounds respectively; and industrial parties such as ChangXin Memory Technologies, SMIC, vivo, Meituan, Geely, Midea, Luxshare Precision, Trip.com, and Xiaohongshu are also among the investors. The report, citing people familiar with the matter, said that rising prices for Nvidia's high-end chips and concerns about an AI bubble were the reasons DeepSeek doubled the size of its fundraising midway.
Sina Tech
DeepSeek's second funding round of 105.5 billion yuan revealed, valuation 615.5 billion yuan
According to foreign media reports, DeepSeek's second funding round reached 105.5 billion yuan, with nearly 30 investors participating, and the company's valuation exceeded 615.5 billion yuan. Tencent invested 10 billion yuan in this round, the same as the first round, totaling 20 billion yuan across both rounds; CATL contributed 10 billion yuan, roughly double its first-round investment. New investors also include ChangXin Memory Technologies, SMIC, Meituan, vivo, Xiaohongshu and others. As of press time, DeepSeek had not publicly commented.
Zhidx
Details of DeepSeek's Second Funding Round of 105.5 Billion Yuan Revealed, State-Owned Capital Share Rises to 27%
The Information revealed details of DeepSeek's second funding round. This round has raised 105.5 billion yuan (approximately 15.8 billion US dollars), attracting nearly 30 investors. Tencent and CATL remain major investors, each contributing 10 billion yuan. State-owned investors contributed about 27% of this round of financing, far higher than 2% in the first round, with China Mobile, China Telecom, CICC, CITIC Securities, and China Life among the participants. The report said that due to rising prices of Nvidia's high-end chips and precautions against an AI industry bubble, DeepSeek doubled its fundraising scale midway through the financing.
Phoenix Technology
DeepSeek's second funding round of 105.5 billion yuan: investor list revealed, CATL leads
The Information has revealed details of DeepSeek's second funding round, which has raised 105.5 billion yuan (about $15.8 billion), attracting nearly 30 investors. Tencent and CATL each contributed 10 billion yuan, with ChangXin Memory Technologies, SMIC, Meituan, vivo, Xiaohongshu and others also on the list. State-owned investors contributed about 27% of the amount in this round, far higher than 2% in the first round, with China Mobile, China Telecom, CICC, CITIC Securities and China Life among the participants. The report said that due to rising prices of Nvidia's high-end chips and precautions against an AI bubble, DeepSeek doubled its fundraising target midway through the round.
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