AIFunding

DeepSeek raises about $15 billion in one of China's largest private funding rounds, with CATL and Tencent among its biggest backers, reports say

October 22, 2026

DeepSeek has raised, or is days from closing, a round of about 100 billion yuan ($15 billion) after twice lifting its target, according to people familiar with the deal cited by Bloomberg and Reuters; CATL and Tencent ar…