According to China Securities Journal, DeepSeek's Series A funding round has been finalized on June 16, with founder Liang Wenfeng personally contributing approximately 20 billion yuan as the largest single investor. Tencent is investing about 10 billion yuan, while the Ningde Times ecosystem (including Ningde Times and Puquan Capital) is contributing approximately 5 billion yuan.
Netease, JD.com, Monolith Lisi Capital, and IDG Capital are each investing around 3 billion yuan. Zhengxin Valley Investment and Shixiang Technology are each contributing approximately 1.5 billion yuan.