The AI enterprise DeepSeek (Shendu Qiusuo), incubated by High-Flyer Quant, has initiated its first external equity financing round, planning to raise no less than US$300 million with a post-investment valuation expected to exceed US$10 billion. Its DeepSeek-R1 model garnered attention in early 2025 for its exceptional reasoning capabilities. This round of financing will primarily be used to meet the computational power requirements for the research and development of the next-generation V4 model, attract talent, and stabilize the core technical team.
