{"id":606,"date":"2026-10-24T07:06:57","date_gmt":"2026-10-23T23:06:57","guid":{"rendered":"https:\/\/aidashxp.com\/deepseek-15b-funding\/"},"modified":"2026-10-24T07:07:57","modified_gmt":"2026-10-23T23:07:57","slug":"deepseek-15b-funding","status":"publish","type":"post","link":"https:\/\/aidashxp.com\/en\/deepseek-15b-funding\/","title":{"rendered":"DeepSeek \u878d\u8d44 150 \u4ebf\u7f8e\u5143\uff1a\u88ab\u7f8e\u56fd\u7981\u7528\u4e24\u5929\u540e\uff0c\u4f30\u503c\u6216\u8d85 700 \u4ebf"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Bloomberg reported on October 22,<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> Approximately completed <strong>$1.5 billion (approximately RMB 10 billion)<\/strong>funding round\u2014the largest single financing round in China in recent years\u2014with potential investors including CATL and Tencent. This occurred just two days after the U.S. ordered federal civilian agencies to fully remove <a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> technology.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This timing is no coincidence: one side faces expulsion from the world\u2019s largest government procurement market, while the other secures backing from China\u2019s two wealthiest capital sources\u2014industrial capital (a battery industry leader) and traffic capital (WeChat).<strong><a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> is shifting its focus entirely back to the domestic market.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Valuation trajectory: more than doubled in six months<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>June: raised over $7 billion, valuation <strong>$50 billion<\/strong><\/li>\n<li>July: Reportedly seeking an additional $1.5 billion in funding, with a valuation of approximately <strong>$71 billion<\/strong><\/li>\n<li>October: This round amounts to approximately <strong>$15 billion<\/strong>, with the valuation undisclosed; if extrapolated from the previous round, it is likely already above $70 billion<\/li>\n<li>Plan: To launch an IPO domestically as early as next year<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Liang Wenfeng still holds approximately <strong>81.6%<\/strong> of the shares in the China operating entity through prior financing structures (WireScreen\u2019s calculation based on business registration data). This percentage signifies one thing: despite raising such substantial funds, control has not been diluted at all\u2014exactly the opposite of OpenAI and Anthropic, whose founding teams have seen their equity progressively diluted across funding rounds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Why investors dare double down amid the ban<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">First, what happened in the U.S.: In mid-October, federal civilian agencies were ordered to fully remove <a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> technology\u2014even third-party services embedding it were affected. We previously covered this\u2014<a href=\"https:\/\/aidashxp.com\/en\/us-federal-agencies-ban-deepseek-ai\/\">U.S. federal agencies comprehensively banned DeepSeek<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Logically, this should be the worst possible timing\u2014but domestic capital sees it differently:<strong>As overseas markets close one door, the domestic market gains an even stronger imperative for self-reliant development<\/strong>.<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> Its open-source weights have been widely deployed on-premises by Chinese enterprises; the ban, ironically, has cemented its \u201cdomestic alternative\u201d label even further. Industrial players like CATL seek inference capabilities embedded directly within their own production lines and supply chains, while Tencent seeks tight integration between models and traffic entry points\u2014neither relies on overseas revenue for financial justification.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Viewed within China\u2019s AI funding landscape<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table>\n<thead><tr><th>Company<\/th><th>Most recent funding \/ valuation<\/th><th>Remark<\/th><\/tr><\/thead>\n<tbody>\n<tr><td><strong><a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a><\/strong><\/td><td>Approximately $15 billion raised, with a valuation exceeding $70 billion<\/td><td>Plans domestic IPO next year<\/td><\/tr>\n<tr><td><a href=\"https:\/\/aidashxp.com\/en\/kimi-k3-amazon-bedrock\/\">Moonshot\uff08Kimi\uff09<\/a><\/td><td>$2 billion funding round, $20 billion valuation<\/td><td>Completed in May, focusing on overseas cloud channels<\/td><\/tr>\n<tr><td><a href=\"https:\/\/aidashxp.com\/en\/manus-4b-valuation-fundraise\/\">Manus<\/a><\/td><td>Funding exceeding $500 million<\/td><td>This month, resuming independent operations<\/td><\/tr>\n<tr><td><a href=\"https:\/\/aidashxp.com\/en\/glm-5-3-flashx-review\/\">Zhipu Z.ai<\/a><\/td><td>Listed on the Hong Kong Stock Exchange, market cap ~$29 billion<\/td><td>IPO in January<\/td><\/tr>\n<tr><td>MiniMax<\/td><td>Listed on the Hong Kong Stock Exchange, market cap ~$7.2 billion<\/td><td>IPO in January<\/td><\/tr>\n<\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Horizontally speaking,<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> The amount raised in its single funding round exceeds that of the second-place company by an order of magnitude\u2014but its valuation is not the highest; Zhipu\u2019s market cap in the secondary market is actually higher.<strong>This indicates that pricing in the primary market <a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> remains relatively conservative<\/strong>\u2014or, put another way, investors are still discounting for \u201cban risk.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What This Means for Ordinary Users<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Three foreseeable changes:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Open-source momentum will continue<\/strong>:<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> It has consistently built influence through open-sourced weights; there is even less reason to scale back post-funding. Users relying on local deployment and fine-tuning can continue awaiting new releases<\/li>\n<li><strong>API price wars will persist<\/strong>With capital secured, the most direct competitive lever remains price cuts. Domestic model prices in China have already dropped to just a few tenths of a cent per million tokens this year\u2014and this trend will continue<\/li>\n<li><strong>Increased investment in training infrastructure<\/strong>: The first thing they typically do after raising funds is purchase compute power and build clusters. They have previously disclosed this publicly <a href=\"https:\/\/aidashxp.com\/en\/deepseek-dsec-elastic-compute\/\">DSec elastic computing solution<\/a>, and such infrastructure will remain open to the public<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">But there\u2019s also a less optimistic angle: the more money they raise, the more likely they are to shift from a \u201ctechnically driven small team\u201d to a \u201cpublicly accountable company required to file financial reports.\u201d If they truly pursue an IPO in China next year, their open-source model strategy and pricing strategy will be influenced by secondary-market sentiment\u2014a point evident from already-listed companies like Zhipu and MiniMax.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Gap with the open-source vanguard<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This year, on the open-source weight front,<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> is no longer the sole leader. Mistral\u2019s <a href=\"https:\/\/aidashxp.com\/en\/mistral-large-4-le-chonk-1t-model\/\">Large 4 &#8220;Le Chonk&#8221;<\/a> has reached 1 trillion parameters and claims to be the strongest non-Chinese open-source weight; Reflection AI\u2019s <a href=\"https:\/\/aidashxp.com\/en\/reflection-beam-open-weight-release\/\">Beam<\/a> directly challenges <a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a>, GLM, and Qwen with its 501B-parameter model; Meta\u2019s <a href=\"https:\/\/aidashxp.com\/en\/meta-muse-spark-open-review\/\">Muse Spark Open<\/a> has also unveiled its 816B-parameter model.<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> \u2019s advantage has never been parameter count, but rather cost efficiency and engineering efficiency at equivalent performance\u2014this moat remains intact, yet competitors are closing in.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions (FAQ)<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> How much funding was raised in this round?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">According to Bloomberg, approximately $15 billion (about RMB 100 billion), with potential investors including CATL and Tencent.<a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> The company has not officially responded, and its valuation remains undisclosed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Will the U.S. ban affect domestic users?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It will not affect domestic usage. The ban targets U.S. federal civilian agencies and their third-party service providers; the domestic web version, app, and API all operate normally. Open-source weight downloads are also unrestricted.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a> Will it go public?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The company is reportedly planning to launch its IPO in China as early as next year. A funding round in July was previously seen as preparation for the listing, but no official timeline has been announced yet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Does Liang Wenfeng still control the company?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">According to WireScreen\u2019s calculation, he still holds approximately 81.6% of the shares in its Chinese operating entity. His control has not been significantly diluted after multiple funding rounds\u2014a rarity among domestic AI companies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summarize<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">$15 billion is a signal:<strong>Blocked from overseas markets, <a href=\"https:\/\/chat.deepseek.com\" target=\"_blank\" rel=\"nofollow noopener\">DeepSeek<\/a>it has secured ammunition to continue fighting domestically.<\/strong>The ban has not weakened it; instead, it has made domestic capital more willing to place bets. The real question is not how much was raised in this round, but whether it can maintain its current \u201clow-cost + open-source\u201d pace after its IPO next year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To compare the actual capabilities and pricing of domestic versus overseas models, refer to our <a href=\"https:\/\/aidashxp.com\/en\/ai-models\/\">AI Model Library<\/a> and <a href=\"https:\/\/aidashxp.com\/en\/compare-tools\/\">Tool Comparison Engine<\/a>or continue reading:<a href=\"https:\/\/aidashxp.com\/en\/us-federal-agencies-ban-deepseek-ai\/\">U.S. federal ban on DeepSeek<\/a> \u00b7 <a href=\"https:\/\/aidashxp.com\/en\/kimi-k3-amazon-bedrock\/\">Kimi K3 Launches on Bedrock<\/a> \u00b7 <a href=\"https:\/\/aidashxp.com\/en\/reviews\/\">All Reviews<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u5f6d\u535a\u793e 10 \u6708 22 \u65e5\u62a5\u9053\uff0cDeep [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[46],"tags":[],"class_list":["post-606","post","type-post","status-publish","format-standard","hentry","category-ai-news"],"_links":{"self":[{"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/posts\/606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/comments?post=606"}],"version-history":[{"count":1,"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/posts\/606\/revisions"}],"predecessor-version":[{"id":610,"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/posts\/606\/revisions\/610"}],"wp:attachment":[{"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/media?parent=606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/categories?post=606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aidashxp.com\/en\/wp-json\/wp\/v2\/tags?post=606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}