POPA ReconDeepSeek Closed $7.4B Funding at $50B Valuation with Unusual Deal Structure
DeepSeek Closed $7.4B Funding at $50B Valuation with Unusual Deal Structure It's one of the largest private tech financings in China's history, backed by Tencent, JD, NetEase, IDG Capital and CATL, with founder Liang Wenfeng reportedly contributing roughly 40% of the round himself. Investors put their capital into a limited partnership managed by CEO Liang Wenfeng rather than into DeepSeek directly, and they're subject to a five-year lock-up with no voting rights. The only exception is China's National AI Industry Investment Fund, which invested directly and kept both voting rights and fre…
The excerpt is quoted from a public Telegram channel, which owns its text.
Read the original post on Telegram
More posts from Top 7 | Tech, AI & Crypto Analytics · All channels