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DeepSeek

Foundation model labs · CN

DeepSeek was valued at $51.8B as of 16 July 2026 (reported). Source: Reuters, Chinese filing implies DeepSeek valuation of around $52 billion (Anhui Korrun disclosed a fund's RMB2.9B for an indirect 0.8265% stake, implying RMB350.88B / $51.82B for the first external round).

Hangzhou lab building open frontier models known for training efficiency.

Valuation
$51.8B
Confidence
reported
As of
16 July 2026
Layer
Foundation model labs
Signal
raising · CN
Website
deepseek.com

Relationships (6)

DeepSeek backed by

DeepSeek rents from

DeepSeek competes with

DeepSeek routed to by

Valuation history on the map

DateMarkChange
8 October 2026$51.8B+15.2%
27 July 2026$45B

Daily snapshots began 27 July 2026. Public companies move with the market every weekday.

Notes

Hangzhou lab building open frontier models known for training efficiency. V4 runs native on Chinese chips. Annualised revenue reached about $1B by September 2026, more than double a few months earlier and almost entirely from API access. Partnered with Huawei on 2026-09-30 to build open-source programming tools for Ascend silicon, aimed squarely at the CUDA software lock-in that underpins NVIDIA's position. The mark here is the FIRST external round, closed around June 2026 at ~RMB50B (~$7.4B) with Tencent (RMB10B), CATL (RMB5B), NetEase, JD.com and the National AI Industry Investment Fund in and founder Liang Wenfeng putting in ~RMB20B himself. The post-money is an IMPLIED figure rather than a disclosed one: the luggage maker Anhui Korrun disclosed on 2026-07-16 that a fund it backs paid RMB2.9B for an indirect 0.8265% stake, from which Reuters computed RMB350.88B (~$51.82B), and Caixin separately reported a post-money of more than RMB350B. Reuters cautions the filings do not say whether new or existing shares were involved, so this is a transaction-implied equity valuation and stays `reported` - the same treatment as Scale AI's implied mark. A second, far larger pre-IPO round is still open and unclosed: Bloomberg and CNBC reported on 2026-10-06 that at least RMB80B (~$12B) is committed against the RMB50B originally sought, that the final tally could approach RMB100B (~$15B) on signed term sheets, that Tencent and CATL are again among the largest cheques, and that it should wrap up in October at a reported RMB500B (~$74-75B) pre-money. Nobody states the post-money that would imply, so it is not carried here. DeepSeek plans to restructure after the financing ahead of a Shanghai STAR Market listing, with an application expected as early as the end of 2026 and a debut framed as early 2027. Chinese regulators are reported to have opened a data-security probe into both DeepSeek and Moonshot AI, which is a new risk to that timetable. It is also now investing rather than only raising: Bloomberg reported on 2026-10-12 that DeepSeek is set to lead a seed round worth tens of millions of dollars in Winverse AI, a Hangzhou robotics-AI startup founded by former Tencent vision-language and robotics lead Hu Han, valuing it at about $400M, with Meituan's Long-Z also committed. The round is not closed, and it is a first clear step into robotics for a lab that has worked almost entirely on language models.

Sources

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Last updated 8 October 2026. Follow DeepSeek in any feed reader to hear when its valuation moves.

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