DeepSeek plans fresh fundraising at $74 billion valuation ahead of possible IPO

[duluxe]

China's DeepSeek plans a new funding round at a $74 billion valuation, aims to raise up to 50 billion yuan, and is considering a Shanghai IPO.​

Chinese AI startup DeepSeek is planning to raise more money from investors. The company could be valued at about 500 billion yuan ($74 billion) in this new funding round. It is raising the money before it may launch an Initial Public Offering (IPO), which is when a company starts selling its shares to the public on China's stock market.

DeepSeek is based in Hangzhou, China. The company became popular around the world in 2025 after launching low-cost AI models. These AI models got a lot of global attention. Just a few weeks ago, in June, Reuters reported that DeepSeek had already raised about $7.4 billion from investors. After that funding round, the company was valued at around 450 billion yuan.

DeepSeek is now planning another fundraising round, showing that investors are still eager to invest in the company. The company is looking to raise as much as 50 billion yuan in this new funding round. DeepSeek has also started early discussions about listing on Shanghai's STAR Market, which is China's Nasdaq-style stock exchange, according to three sources and two other people familiar with the plans.


The company has set an internal goal of filing IPO papers this year. The IPO and fundraising plans are still in the early stages. The amount to be raised, the valuation, and the timeline could still change. None of the people shared their names because the information has not been made public. Bloomberg News first reported that DeepSeek was preparing for a possible IPO filing. The Financial Times also reported that the company was considering a new fundraising round at a valuation of at least 480 billion yuan.

Why DeepSeek needs more money​

DeepSeek surprised the global technology industry last year by launching AI models that competed with leading U.S. AI systems. Its AI models were seen as cheaper to train and operate than many competing AI models. Soon after its June fundraising, DeepSeek announced plans to double its workforce across different departments.

 

[404]

SpaceX IPO to Deepseek IPO 20:1

 

[syed putra]

Only 74 billion? It's not even a trillion..

 

[eatshitndie]

pathetic.

 

[nabeifuckpap]

Xi Jinping thanks you for providing free personal information to him by entering it into China systems

 

[laksaboy]

LOL... anything from China at this time is a scam. Especially DeepSeek.

Let's see the idiots who throw money into it.