# DeepSeek Closes First External Funding Round, Raising Over 50 Billion Yuan with Valuation Exceeding 330 Billion Yuan

- Category: Flash (快讯)
- Published: 2026-06-17T11:58:00.000Z
- Source date: 2026-06-17
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DeepSeek has completed its first external funding round, raising over 50 billion yuan with a valuation exceeding 330 billion yuan, setting a record for the largest single financing in China's AI industry. The deal features a unique structure where funds are directed into a limited partnership managed by Liang Wenfeng. External investors face a five-year lock-up period and hold no voting rights, except for the National AI Industry Investment Fund which invested 1 billion yuan directly. Liang Wenf

## At a glance

- DeepSeek raises over 50 billion yuan in first round, valuation exceeds 330 billion yuan setting domestic AI record
- External investors face five-year lock-up with no voting rights, while Liang Wenfeng personally contributes 20 billion yuan

## The update

DeepSeek has officially completed its first external funding round, raising more than 50 billion yuan and pushing its valuation above 330 billion yuan. This landmark transaction sets a new record for the largest single financing deal in China's artificial intelligence sector. The deal structure is distinctive, requiring most capital to be channeled into a limited partnership managed by Liang Wenfeng. Under the terms, external investors are subject to a five-year lock-up period on their shares and do not possess voting rights. An exception was made for the National AI Industry Investment Fund, which made a direct investment of 1 billion yuan. Regarding the contributor composition, Liang Wenfeng personally invested 20 billion yuan, while prominent entities such as Tencent and CATL also participated in this round.

## Sources

- [机器之心](https://mp.weixin.qq.com/s/CHCq6jAz3W0RA0ifDQY33w) (2026-06-17)

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