Reportedly: DeepSeek raises 105.5 billion yuan in second funding round with investors including vivo, Meituan and Xiaohongshu
Reported by Leiphone and ifanr · not yet confirmed by the company or a second independent outlet. We update this page when it is.
DeepSeek is raising 105.5 billion yuan in a second funding round, Leiphone reported, citing people familiar with the matter. Investors include vivo, Meituan and Xiaohongshu. The report values DeepSeek at 615.5 billion yuan.
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 funding is confirmed, developers may see increased API capacity or new model releases from DeepSeek, but no product changes are announced.
- For investors
- The reported valuation of 615.5 billion yuan, if accurate, would make DeepSeek one of the most valuable AI startups in China, but the lack of official confirmation adds risk.
Translated from Chinese. Quotes and facts link to the original sources.
Chinese media reported that DeepSeek has completed a second funding round of 105.5 billion yuan, with investors including vivo, Meituan and Xiaohongshu. The reported valuation is 615.5 billion yuan. The reports cite unnamed sources and have not been confirmed by DeepSeek.
No technical details are provided in the evidence. The funding round, if confirmed, would give DeepSeek additional capital for model development and compute.
If confirmed, the reported funding would strengthen DeepSeek's capital position against competitors like Alibaba and Zhipu AI, potentially intensifying the Chinese large model price war and talent competition.
The reported funding round, if verified, would provide DeepSeek with substantial resources to scale infrastructure and compete in the enterprise and developer AI markets.
Watch for an official announcement from DeepSeek or regulatory filings confirming the funding round and investor list. Also monitor whether the new capital leads to expanded API offerings or price reductions.