DeepSeek Shifts to USD for New Funding Round
_reachsumit · x · 2026-07-16
DeepSeek is structuring its second funding round to accept USD investments from overseas backers, specifically targeting Middle Eastern capital. This contrasts with its initial, more controlled round, which was primarily backed by Chinese institutions investing through RMB funds. The cited report also notes that DeepSeek's annualized revenue is approaching **$500 million**, positioning the company for subsequent funding and an IPO.
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