---
title: "DeepSeek close to securing $12 billion in new funding"
description: "Most outlets led with the scale of DeepSeek's fundraising, highlighting the reported $12 billion figure. Business Recorder added context about the involvement of Tencent and mentioned the battery company Contemporary Amperex briefly, while The Express Tribune focused on the round exceeding its initial 50 billion yuan target and cited a source."
url: https://harzaviya.com/stories/12685-deepseek-set-to-net-over-12b-in-new-fundraising-source-says
site: HarZaviya
language: en
---

# DeepSeek close to securing $12 billion in new funding

business · updated 6 Oct 2026, 3:05 PM PKT · 6 Oct 2026 · 2 articles from 2 outlets

**HarZaviya summary** — how 2 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets led with the scale of DeepSeek's fundraising, highlighting the reported $12 billion figure. Business Recorder added context about the involvement of Tencent and mentioned the battery company Contemporary Amperex briefly, while The Express Tribune focused on the round exceeding its initial 50 billion yuan target and cited a source.

## Same story from 2 outlets

Each outlet's own headline, most recent first — read any at its source.

- **The Express Tribune** — [DeepSeek set to net over $12b in new fundraising, source says](https://tribune.com.pk/story/2633326/deepseek-set-to-net-over-12b-in-new-fundraising-source-says) · 6 Oct 2026, 3:05 PM PKT
  > DeepSeek's second funding round has drawn strong investor interest, exceeding its 50 billion yuan target
- **Business Recorder** — [DeepSeek to raise at least $12 billion in Tencent-backed funding, Bloomberg News reports](https://www.brecorder.com/news/40442865/deepseek-to-raise-at-least-12-billion-in-tencent-backed-funding-bloomberg-news-reports) · 6 Oct 2026, 11:00 AM PKT · 81% identical wording to the newest filing
  > DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter. Battery pioneer Contemporary Amperex Technology and Tencent Holdings have committed among the largest amounts in the current funding round, the report added. Reuters could not immediately verify the report.

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [Chinese AI startup DeepSeek nearing $15 billion fundraising round](https://harzaviya.com/stories/15872-deepseek-wrapping-up-15-billion-fundraising-to-fuel-ai-race) · 22 Oct 2026 · 4 outlets · 87% related
- [Chinese AI startup DeepSeek reaches $1 billion annualized revenue run rate](https://harzaviya.com/stories/10452-chinese-ai-startup-deepseek-reaches-1-billion-annualised) · 24 Sep 2026 · 2 outlets · 77% related
- [DeepSeek tells prospective investors of funding pause, Bloomberg News reports](https://harzaviya.com/stories/491-deepseek-tells-prospective-investors-of-funding-pause) · 26 Jul 2026 · 3 outlets · 73% related

2 articles from 2 outlets, 6 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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