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DeepSeek AI raises talks at 500 billion yuan valuation

8/26/2026

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Summary

Story summary

DeepSeek AI nears completion of a funding round valuing it at about 500 billion yuan.
The round aims to raise roughly 50 billion yuan and close before August’s end.
Existing backers are Monolith, Shixiang Capital and battery maker CATL.
Potential new investors include CPE, Legend Capital and Stony Creek Capital linked to Zhu Yiming.
The financing brings DeepSeek nearer to a possible Shanghai Star Market listing.

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Story summary

DeepSeek AI nears completion of a funding round valuing it at about 500 billion yuan.
The round aims to raise roughly 50 billion yuan and close before August’s end.
Existing backers are Monolith, Shixiang Capital and battery maker CATL.
Potential new investors include CPE, Legend Capital and Stony Creek Capital linked to Zhu Yiming.
The financing brings DeepSeek nearer to a possible Shanghai Star Market listing.