Monthly roundup · China · October 2026
Monthly roundup · China · October 2026Startup funding in China, October 2026: DeepSeek's $15B Series B leads 31 rounds
We read 31 equity rounds raised in China and announced in October 2026, raising $17B between them: 4% of the rounds we read worldwide that month and 28% of the money. The largest was DeepSeek's $15B Series B. The median seed round was $15M, against $5.5M over the last twelve months worldwide; at Series A it was $57M.
Equity rounds31raised in China, 14 with an amount
Raised$17Bacross those rounds
Lead named45%of rounds say who led
Share of the world4%of rounds; 28% of the money
The biggest rounds
- 1
DeepSeekSeries B$15B
- 2
NeolixSeries E · led by Boyu Capital, China's National Artificial Intelligence Industry Investment Fund$400M - 3
Infinigence AISeries C$344M - 4
Approaching.AISeries B · led by ICBC Investment, Xiaoshan Capital$193M - 5NNano-core ChipSeries C · led by JianTou Investment$150M
- 6FFAIRINOSeries D · led by Meituan, Meituan Longzhu$150M
- 7MMoss IntelligencePre-seed · led by Huakong Fund$149M
- 8
NeuroXessSeries B · led by Shenzhen Capital Group Co., SDIC Juli$105M - 9
BioGeometrySeries A · led by China Life Capital$100M - 10MMoSenseSeed · led by CDH Investments, Oasis Capital$15M
Day by day
Equity rounds raised in China and announced each day of October. The busiest day was 28 October, with 6.
1 October31 October
By stage, against the year
Each stage's median this month beside its twelve-month median: China's own where we hold enough rounds for a benchmark, otherwise the worldwide one.
In what
- AI23
- Robotics14
- Hardware & Electronics7
- Manufacturing5
- Semiconductors4
- Advanced Manufacturing3
- Big Data & Analytics3
- Cloud2
AI was the busiest sector in China.
Against the world
- Rounds, China31
- Rounds, worldwide733
- Raised, China$17B
- Raised, worldwide$59B
281 roundsUnited States→
74 roundsIndia→
56 roundsUnited Kingdom→
25 roundsJapan→
24 roundsSouth Korea→
18 roundsCanada→
17 roundsFrance→