DeepSeek to Raise Up to $7 Billion in Maiden Funding Round

Chinese AI startup DeepSeek is set to raise up to $7.4 billion (50 billion yuan) in its first funding round, valuing the company at between $52 billion and $59 billion. The fundraising includes participation from Tencent Holdings and CATL.

By Reuters Wed, June 3, 2026 at 7:15 AM GMT+3 3 min read · Yahoo Finance ·

DeepSeek to Raise Up to $7 Billion in Maiden Funding Round

Tickers: $700

Topics: AI China tech funding rounds startups

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