# DeepSeek Raises $15 Billion With Tencent and CATL

> DeepSeek closes $15 billion funding round backed by Tencent and CATL.
- Title: DeepSeek Raises $15 Billion With Tencent and CATL | Shortify
- Summary: DeepSeek closes $15 billion funding round backed by Tencent and CATL. DeepSeek raised $15 billion in funding with Tencent and CATL backing, aiming to compete…
- Keywords: deepseek, tencent, catl, funding, openai, anthropic, finance, markets, Raises, Billion, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/3272fcbc-5cf1-440a-bb9a-307abf09d711
- Author: BigGo Finance
- Published: 2026-10-22T03:35:43+00:00
- Read time: 1 min
- Topics: deepseek, tencent, catl, ai, funding, openai, anthropic, finance, markets
## DeepSeek Funding Round
DeepSeek closed a funding round of about 100 billion yuan ($15.0 billion) with Tencent Holdings and Contemporary Amperex Technology as major investors.
## Raised Target Twice
The company increased its fundraising target from 50 billion yuan to 80 billion yuan before finalizing the $15 billion round.
## Competing with U.S. AI Firms
DeepSeek aims to compete with U.S. leaders OpenAI and Anthropic, each having raised over $100 billion.
## Funding for IPO Prep
The new funds will support data centers and open-source models ahead of a potential initial public offering.
## Key takeaway

DeepSeek raised $15 billion in funding with Tencent and CATL backing, aiming to compete with U.S. AI firms.