# DeepSeek raises about $15B in one of China's largest private financings

> Original title: Bloomberg: DeepSeek has raised about $15B, one of China’s largest private financings.

- Source: Rohan Paul
- Published: 2026-10-22T03:13:00.000Z
- Bad Influence: https://badinfluence.news/items/hbt5xrt1yglc05qehfr3z832f
- Original: https://x.com/rohanpaul_ai/status/2113106318659928525

## Summary

Bloomberg reports that DeepSeek has raised about $15B, one of China's largest private financings. The Hangzhou lab raised its target at least twice during talks, from about $7.5B to $12B. CATL and Tencent were among the largest backers, with CATL reportedly committing about $1.5B. Together with a first round above $7.5B that closed in June, DeepSeek has collected about $22.5B in roughly six months.

## Post

Bloomberg: DeepSeek has raised about $15B, one of China’s largest private financings.

The Hangzhou lab lifted its target at least twice during talks, from about $7.5B to $12B

CATL and Tencent were among the largest backers, with CATL reportedly committing about $1.5B, double its first-round check.

Chinese media put the pre-money valuation at about $74.8B, unchanged as the round doubled, so new money bought bigger stakes at the same price.

Together with a first round above $7.5B that closed in June, DeepSeek has collected about $22.5B in roughly 6 months.

![](https://badinfluence.news/api/img-proxy?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FHVNCgoYakAEStkp.jpg&mode=thumb&exp=1793404800&sig=d7d1e11ad42c284f)