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On June 16, 2026, numerous media outlets reported that DeepSeek, an artificial intelligence company, is on the verge of finalizing its first round of financing, having secured over RMB 50 billion (approximately USD 7.4 billion) in total. This financing round places the company’s valuation at over USD 50 billion. Notably, the founder, Liang Wenfeng, has personally invested around RMB 20 billion, becoming the largest individual investor. Additionally, Tencent has contributed approximately RMB 10 billion, while the CATL ecosystem—comprising CATL and Puquan Capital—has invested about RMB 5 billion. Other significant contributors include NetEase, JD.com, Monolith Capital, and IDG Capital, each investing roughly RMB 3 billion, with Zhenxin Valley Investment and Shixiang Technology contributing around RMB 1.5 billion each.
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