# DeepSeek

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/deepseek

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.deepseek.com
- Total disclosed funding: $7.4B
- Latest round: Series A (Jun 16, 2026)
- Investors on record: 8

## About

Based in Hangzhou, China and founded in 2023, Hangzhou DeepSeek Artificial Intelligence Co., Ltd., dba DeepSeek, engages in the development of large-scale artificial intelligence (AI) language models and artificial general intelligence (AGI) products. The company's founder and CEO, Wenfeng Liang, graduated from Zhejiang University with a degree in Electronic Information Engineering and Computer Science. In 2024, DeepSeek released its first large-scale AI language model.

In June 2026, DeepSeek raised CNY 50 billion in series A funding from Tencent Investment, CATL Shanghai Intelligent, JD.com, NetEase.com, Inc., IDG Capital, Monolith Management, Zhengxin Capital, Shixiang, and Guozhi Investment.

DeepSeek specializes in developing open-source AI large-scale AI language models and AI platforms. The company's main products include AI webapps, apps, chatbots and platforms and related API (Application Programming Interface) services, enabling businesses to extract actionable insights from vast datasets in various sectors such as finance, healthcare, and e-commerce. 

DeepSeek primarily generates revenue through providing API access to its advanced AI models, employing token-based pricing structure charging clients based on the number of input and output token processed.

The company will use the July 2026 funding to support its growth following its first external funding round

## Funding rounds

- Series A, Jun 16, 2026, $7.4B — IDG Capital, NetEase.com, Inc., JD.com, Zhengxin Capital, Monolith Management, Contemporary Amperex Technology, Shixiang, Tencent Investment

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- NetEase.com, Inc. — Series A
- JD.com — Series A
- Zhengxin Capital — Series A
- Monolith Management (https://capitalatlas.ai/funds/monolith-management) — Series A
- Contemporary Amperex Technology — Series A
- Shixiang — Series A
- Tencent Investment — Series A