Add as a preferred source on GoogleDeepSeek Plans $14 Billion Funding Round at $70 Billion Valuation
The planned round would be DeepSeek’s second, with new and existing investors expected to contribute roughly equal amounts.
DeepSeek is planning to complete a roughly $14 billion financing round at a valuation of about $70 billion.
The planned financing would be DeepSeek’s second round. Its target increased from about $7 billion to $14 billion in less than two weeks, while the company’s pre-money valuation remained near 500 billion yuan, or about $70 billion.
New and existing shareholders are expected to contribute roughly equal portions of the financing. The incoming investors are primarily industrial investment firms.
The financing is expected to be completed soon.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.