Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors including Tencent and CATL at a valuation of between ~$52B and ~$59B (Reuters)

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DeepSeek is reportedly raising about $7.4B from Tencent, CATL, and others at a valuation up to $59B.

Categories: Money & Moves

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<a href="https://www.reuters.com/business/retail-consumer/deepseek-slated-draw-7-billion-maiden-fundraising-sources-say-2026-06-03/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260603/i2.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260603/p2#a260603p2" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="http://www.reuters.com/">Reuters</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.reuters.com/business/retail-consumer/deepseek-slated-draw-7-billion-maiden-fundraising-sources-say-2026-06-03/">Sources: DeepSeek is set to raise ~$7.4B in its first funding round from investors including Tencent and CATL at a valuation of between ~$52B and ~$59B</a></b></span>&nbsp; &mdash;&nbsp; Chinese AI startup DeepSeek is set to raise about 50 billion yuan ($7.4 billion) in its first funding round from investors including Tencent Holdings &hellip; </p>