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Startups & Funding
DeepSeek Nears ~$15B Raise at Reported ~$74B Valuation, Backed by Tencent and CATL Ahead of Possible 2027 IPO
Hangzhou-based DeepSeek is reportedly finalizing a roughly 100 billion yuan (~$15 billion) round backed by Tencent, CATL and other Chinese tech giants, at a reported ~$74 billion pre-money valuation, ahead of a potential early-2027 IPO.
Editorial team