DeepSeek has completed a Series A financing of 51 billion yuan, with participation from Tencent, CATL, and others

According to the Qichacha APP, Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd. (DeepSeek) has completed a Series A financing of 51 billion yuan, with a valuation of approximately 400 billion yuan. According to China Fund News, Liang Wenfeng contributed about 20 billion yuan, Tencent contributed about 10 billion yuan, CATL contributed about 5 billion yuan, NetEase, JD.com, Monolith Capital, and IDG Capital each contributed about 3 billion yuan, Zhengxin Valley Investment and Shixiang Technology each contributed about 1.5 billion yuan, and the National Artificial Intelligence Industry Investment Fund contributed about 980 million yuan. (Governor of Chang'an Avenue)