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Chinese AI lab DeepSeek reportedly raised about $15 billion after federal removal order

TechCrunch reports, citing Bloomberg, that potential investors in DeepSeek's reported round include CATL and Tencent.

The short version

  • TechCrunch reports, citing Bloomberg, that DeepSeek has reportedly raised about $15 billion, or 100 billion yuan, two days after a U.S. removal order.[TechCrunch]
  • Potential investors reportedly include Chinese battery maker CATL and Tencent, according to the same report.[TechCrunch]
  • The reported round follows a June raise of more than $7 billion at a $50 billion valuation.[TechCrunch]

Key facts

  • DeepSeek has reportedly raised about $15 billion, or about 100 billion yuan, according to Bloomberg.[TechCrunch]
  • The reported funding came two days after U.S. federal civilian agencies were ordered to remove DeepSeek's AI technology over security concerns.[TechCrunch]
  • Potential investors reportedly include Chinese battery maker CATL and Tencent.[TechCrunch]
  • The reported round follows a June investment of more than $7 billion at a $50 billion valuation.[TechCrunch]

What remains uncertain

  • The funding amount and investor list come from a single Bloomberg report, as relayed by TechCrunch, and have not been independently verified.[TechCrunch]
  • The reporting does not establish whether the round has closed or whether it is linked to the U.S. removal order.[TechCrunch]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.