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DeepSeek Raises $7.4 Billion in Historic Series A: Tencent Leads, CATL Crosses Over, Alibaba and ByteDance Sit Out
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DeepSeek Raises $7.4 Billion in Historic Series A: Tencent Leads, CATL Crosses Over, Alibaba and ByteDance Sit Out
DeepSeek has completed a landmark Series A financing round totaling approximately 51 billion yuan ($7.4 billion), propelling its post-investment valuation to nearly 400 billion yuan ($55-59 billion) and making it China's highest-valued AI startup. The round features unusually stringent terms: most external commercial investors hold no voting rights and face a five-year lockup period, with funds channeled indirectly through limited partnerships m…
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