--- title: DeepSeek seeks $1.5B raise at $71B valuation ahead of... description: DeepSeek, the Chinese AI lab known for open-source reasoning models, is raising $1.5 billion at a $71 billion pre-money valuation — a ~40% jump from its $50B... canonical: https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: DeepSeek seeks $1.5B raise at $71B valuation ahead of planned IPO | daily.dev og:description: DeepSeek, the Chinese AI lab known for open-source reasoning models, is raising $1.5 billion at a $71 billion pre-money valuation — a ~40% jump from its $50B... og:url: https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb og:image: https://api.daily.dev/og/posts/k1BBFogCB.png og:image:alt: DeepSeek seeks $1.5B raise at $71B valuation ahead of planned IPO og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # DeepSeek seeks $1.5B raise at $71B valuation ahead of planned IPO **[Collections](https://daily.dev/sources/collections)** · 2 min read · 0 upvotes · 0 comments ## Summary DeepSeek, the Chinese AI lab known for open-source reasoning models, is raising $1.5 billion at a $71 billion pre-money valuation — a ~40% jump from its $50B valuation just six weeks prior. The round sets the stage for a potential IPO as early as late 2026 or 2027, putting it in the same window as OpenAI's reported $1 trillion IPO target. Investors include Tencent and Beijing's National AI Industry Investment Fund. DeepSeek runs its cloud infrastructure on Huawei chips rather than Nvidia hardware due to US export restrictions. The company is generating $400–500M in annualized revenue and handled nearly 23% of enterprise AI gateway tokens on Vercel in June. Founder Liang Wenfeng retains ~78% ownership with a structure that gives outside investors no voting rights, and has stated AGI research takes priority over near-term commercialization. ## Content ## What we know DeepSeek's valuation has moved fast. A stock-exchange filing from Chinese luggage maker Anhui Korrun — not exactly the source you'd expect — inadvertently put a number on it: roughly $52bn. The figure comes from Korrun's subsidiary investing 2.9bn yuan into a fund that holds a 0.8265% indirect stake in the AI lab. Do the math and you get ~$52bn, a valuation DeepSeek itself has never officially confirmed. That filing covers the June funding round, which closed at around $50bn and was backed by Tencent, CATL, and Beijing's National AI Industry Investment Fund — DeepSeek's first-ever outside capital raise, totaling roughly $7bn. Now, just weeks later, the lab is reportedly in talks to raise another $1.5bn at a pre-money valuation of at least $71bn — a roughly 40% jump in under two months. ## The business underneath The valuation trajectory makes more sense when you look at usage. DeepSeek accounted for nearly 23% of enterprise AI gateway tokens on Vercel in June, which is a meaningful signal of real developer adoption. Annualized revenue is reportedly in the $400–500M range. The infrastructure runs on Huawei chips — notable given US export restrictions on Nvidia hardware — and the company has leaned heavily into open-source releases of its reasoning models, which is a big part of why it spread so quickly. ## Control and IPO plans Founder Liang Wenfeng holds around 78% of the company through a structure that gives outside investors no voting rights. He's been public about prioritizing long-term AGI research over near-term commercialization, which is an unusual stance for a company actively raising at these valuations. The IPO target is Shanghai's STAR Market, with a timeline of late 2026 or 2027. That would put DeepSeek going public around the same time OpenAI is reportedly targeting a $1tn valuation — a comparison that says something about where AI company ambitions currently sit. The Anhui Korrun filing is a good reminder of how China's listed-company disclosure rules can surface information that the companies themselves haven't announced. DeepSeek hasn't confirmed any of these figures directly. ## Similar posts on daily.dev - [DeepSeek could hit $45B valuation from its first investment round](https://daily.dev/posts/deepseek-could-hit-45b-valuation-from-its-first-investment-round-7otcarw9c) · TechCrunch · 1 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#open-source](https://daily.dev/tags/open-source), [#llm](https://daily.dev/tags/llm), [#deepseek](https://daily.dev/tags/deepseek) [View this post on daily.dev](https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"DeepSeek seeks $1.5B raise at $71B valuation ahead of planned IPO","url":"https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb"},"datePublished":"2026-07-15T14:41:25.055Z","dateModified":"2026-07-17T08:26:14.908Z","description":"DeepSeek, the Chinese AI lab known for open-source reasoning models, is raising $1.5 billion at a $71 billion pre-money valuation — a ~40% jump from its $50B...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9a2a1c91739c4b6176672a5262fdd9a5?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9a2a1c91739c4b6176672a5262fdd9a5?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"Collections","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Collections","logo":"https://media.daily.dev/image/upload/s--fk_6ycEi--/f_auto,q_auto/v1780996001/logos/collections?_a=BAMAMiWQ0","url":"https://daily.dev/sources/collections"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/deepseek-seeks-1-5b-raise-at-71b-valuation-ahead-of-planned-ipo-k1bbfogcb","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai,open-source,llm,deepseek","timeRequired":"PT2M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Collections","item":"https://daily.dev/sources/collections"},{"@type":"ListItem","position":3,"name":"DeepSeek seeks $1.5B raise at $71B valuation ahead of planned IPO"}]} ```