Sources: DeepSeek is close to raising $12B+ in a round that could reach ~$14.9B, with Tencent and CATL as the biggest contributors, ahead of an early-2027 IPO (Bloomberg)

DeepSeek is reportedly nearing a funding round of over $12 billion, potentially reaching $14.9 billion, with major contributions from Tencent and CATL. This significant investment precedes an anticipated initial public offering (IPO) in early 2027. The company is close to securing at least 80 billion yuan, indicating substantial growth and investor confidence in its future prospects.