China’s DeepSeek considers new fundraising after first round, FT reports
The company began talks with new investors on a funding round that could value it at about $71 billion
Deepseek logo is seen in this illustration taken, January 27, 2025. REUTERS
Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round, the Financial Times reported on Tuesday.
The company started preliminary talks this week with new investors about opening another round that would value the company at about $71 billion before the deal, according to the report.
DeepSeek did not immediately respond to a request for comment.
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DeepSeek, China’s best-known AI startup, completed its first-ever round of financing around the end of May, which raised about $7 billion at a valuation of $52 billion, including the raised funds, the FT added.
DeepSeek did not immediately respond to a request for comment.
DeepSeek, China’s best-known AI startup, completed its first-ever round of financing around the end of May, which raised about $7 billion at a valuation of $52 billion, including the raised funds, the FT added.
