Reportedly: DeepSeek is raising a new funding round with Legend Capital and Geely among investors, and may pursue an IPO as early as early 2027
Reported by GeekPark · not yet confirmed by the company or a second independent outlet. We update this page when it is.
DeepSeek is raising a new funding round that includes Legend Capital, Stonebrook Capital, and Geely, GeekPark reported, citing people familiar with the matter. The company has hired CITIC Securities as IPO advisor and added a new CFO in September. An IPO could come as early as early 2027.
China context
- Original name
- 深度求索
- Outside China
- Not stated in the sources yet
- Claims
- Company-reported; not yet independently evaluated
- For builders
- If the reported investment closes, developers building on DeepSeek models may see increased enterprise integration and support from Lenovo's hardware and solutions ecosystem.
- For investors
- A DeepSeek IPO as early as 2027 would provide a public market benchmark for Chinese AI lab valuations and could influence funding dynamics for competitors.
Translated from Chinese. Quotes and facts link to the original sources.
GeekPark reported, citing people familiar with the matter, that DeepSeek is raising a new funding round with investors including Legend Capital, Stonebrook Capital, and Geely. Legend Capital is part of Legend Holdings, the same group as Lenovo, marking the entry of Legend-affiliated capital into DeepSeek's shareholder base. DeepSeek has also hired CITIC Securities as IPO advisor and brought in a new CFO in September, with an IPO possible as early as early 2027. The report notes Lenovo has already integrated DeepSeek models into AI PCs, servers, and enterprise AI solutions, and the investment could deepen collaboration across Lenovo's AI terminal, enterprise AI, and AI infrastructure businesses.
The evidence does not describe any technical changes to DeepSeek's models or infrastructure. The reported funding and IPO preparation are corporate finance events with no stated technical parameters.
If the reported investment closes, Lenovo gains a capital link to a leading Chinese large-model developer, potentially strengthening its access to model capabilities for AI PCs, servers, and enterprise solutions. For other Chinese AI labs, a DeepSeek IPO would set a valuation benchmark and could raise the bar for later public offerings.
The reported funding and IPO preparation suggest DeepSeek is building a capital base for expansion and preparing for public market scrutiny. Investors and partners may see this as a sign of maturation, but no financial terms or valuation were disclosed.
The next verifiable signal is an official announcement from DeepSeek or a regulatory filing confirming the funding round or IPO engagement. Until then, the report remains unconfirmed.