DeepSeek closes roughly RMB 100B round with CATL and Tencent backing
10/22/2026 — 10/22, 11:19·4 sources (all)·4 reports (all)·In the 2026-10-22 briefing
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- DeepSeek has closed a round of about RMB 100 billion (roughly $15 billion), with CATL and Tencent among the biggest backers, according to pe…
DeepSeek has closed a round of about RMB 100 billion (roughly $15 billion), with CATL and Tencent among the biggest backers, according to people familiar with the matter cited by Bloomberg and Sina Finance. The target was raised at least twice from RMB 50 billion during talks, making it one of China's largest-ever financings and, per reports, paving the way for an IPO.
Latest turnDeepSeek has reportedly closed a funding round of about RMB 100 billion (USD 15 billion), with CATL and Tencent among the largest investors, according to Sina Finance citing people familiar with the matter. The target was raised twice from RMB 50 billion to about RMB 100 billion, making it one of China's largest fundraising deals.
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DeepSeek has reportedly closed a funding round of about RMB 100 billion (USD 15 billion), with CATL and Tencent among the largest investors, according to Sina Finance citing people familiar with the matter. The target was raised twice from RMB 50 billion to about RMB 100 billion, making it one of China's largest fundraising deals.
36氪AI score 71Bloomberg, citing people familiar with the matter, reports that DeepSeek raised about 100 billion yuan in its latest round, one of China's largest ever. The company raised its target at least twice, from 50 billion to 80 billion and finally to roughly 100 billion yuan, with CATL and Tencent among the main investors. The deal is described as clearing the way for an IPO.
IT之家AI score 65DeepSeek has raised about 100 billion yuan (~$15 billion) in its latest funding round, one of China's largest ever, according to Bloomberg citing people familiar with the matter. CATL and Tencent are among the biggest contributors. The round, whose size was reportedly raised several times during talks, is seen as paving the way for an IPO.
TechmemeAI score 65DeepSeek has raised roughly 100 billion yuan (about $15 billion) in its latest funding round, Bloomberg Technology reports, one of the largest rounds ever in China. The report frames it as a sign of the startup's ambition to compete globally with the likes of Anthropic and OpenAI.
Bloomberg TechnologyAI score 75
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