DeepSeek Set to Raise $7.4 Bn in First Funding Round Backed by Tencent, CATL
Published on: June 3, 2026, 2:06 p.m. | Source: Outlook Business
Chinese artificial intelligence (AI) startup DeepSeek is preparing to raise about 50 billion yuan ($7.4 billion) in its first funding round, a deal that could value the company at between 350 billion yuan and 400 billion yuan ($52 billion-$59 billion), according to Reuters.
