DeepSeek nears $12 billion funding round backed by Tencent and CATL
DeepSeek is close to securing at least $11.9 billion in a new funding round, with term sheets suggesting the total could reach $14.9 billion. Investor commitments have already exceeded the original $7.4 billion target by roughly 60%, implying a company valuation of approximately $75 billion.
3 MIN READ · 9 OCT
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In this story
Today's signals
Anta Sports becomes PUMA's largest shareholder after €1.5 billion deal closes
3 MIN · 9 OCTChina solar overcapacity deepens as prices and margins hit multi-year lows
3 MIN · 9 OCTButterfly Effect raises over $500 million as Manus reclaims independence
2 MIN · 9 OCTMidea and Electrolux launch three North American joint ventures to double appliance output
3 MIN · 9 OCTChinese embodied AI entrepreneurs debate path from lab to commercial deployment
4 MIN · 9 OCTGermany blocks COSCO acquisition as EU tightens Chinese logistics scrutiny
3 MIN · 9 OCT