DeepSeek Completes a 5.1 Billion Yuan Series A Financing Round with Tencent, CATL Among Investors

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AI + crypto news: Hangzhou DeepSeek AI Foundation Technology Research Co., Ltd. (DeepSeek) has raised 5.1 billion yuan in Series A financing, with a valuation of approximately 400 billion yuan. Liang Wenfeng led the round with a 2-billion-yuan investment, followed by Tencent with 1 billion yuan, and CATL with 500 million yuan. NetEase, JD.com, Monolith Capital, and IDG Capital each invested 300 million yuan. Zhengxin Valley Investment and Shixiang Technology each contributed 150 million yuan, while the National Artificial Intelligence Industry Investment Fund added 980 million yuan. Crypto news continues to spotlight major funding developments in AI and technology.

According to Qichacha APP, Hangzhou DeepSeek Artificial Intelligence Foundation Technology Research Co., Ltd. (DeepSeek) has completed a RMB 51 billion Series A funding round, with a valuation of approximately RMB 400 billion. According to China Fund News, Liang Wenhong invested approximately RMB 20 billion, Tencent invested approximately RMB 10 billion, CATL’s ecosystem invested approximately RMB 5 billion, NetEase, JD.com, Monolith Lishi Capital, and IDG Capital each invested approximately RMB 3 billion, Zhengxin Valley Investment and Shixiang Technology each invested approximately RMB 1.5 billion, and the National Artificial Intelligence Industry Investment Fund invested approximately RMB 980 million. (Changan Street News)

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