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DeepSeek reportedly raises about $15 billion in a new funding round

Funding Provisional 72% confidence first seen

DeepSeek is reported to have closed a recent funding round totaling roughly $15 billion (about 100 billion yuan), with participation from investors including Tencent and CATL. The reports say the company is expected to finalize the fundraising soon and may move closer to an IPO, following shortly after new U.S. restrictions targeting its AI technology.

DeepSeek CITIC Securities Contemporary Amperex Technology Reuters Tencent U.S. federal civilian agencies United States

The deal

DeepSeek about $15B Late stage · announced 22 Oct 2026

Investors Tencent CATL

Deal terms as reported in the coverage below.

Source coverage

DeepSeek reportedly raises $15 billion Trending Topics independent DeepSeek reportedly raises $15B days after US restrictions TechCrunch independent

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