# DeepSeek raises $15B Series B > DeepSeek, based in China, has raised $15B in a Series B, announced on 8 October 2026. 36 other investors joined. Source: https://millionrounds.com/news/rounds/deepseek-series-b-2026-10 (Millionrounds; every figure on the page links to its filing or article) Raised **$15B** 10 sources reported it Stage **Series B** 1 earlier round on record Investors **36** no lead named Where **CN** China AI ## How big is it? Against every equity round we recorded in the twelve months to 8 October 2026. Ranks count companies, so the same raise reported twice is counted once. **#4** equity round of the last twelve months **#1** Series B of 405 in that time **#1** round in China, of 30 This round **$15B** Median Series B **$50M** 300 times the median Series B of the last twelve months. ## Who invested In the round - [Lux Capital](https://millionrounds.com/fund/lux-capital) - [IDG Capital](https://millionrounds.com/fund/idg-capital) - [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) - [Legend Capital](https://millionrounds.com/fund/legend-capital) - [CICC](https://millionrounds.com/fund/cicc) - [Boyu Capital](https://millionrounds.com/fund/boyu-capital) - [Meituan](https://millionrounds.com/fund/meituan) - [NetEase](https://millionrounds.com/fund/netease) - [CPE](https://millionrounds.com/fund/cpe-2) - [China's National Artificial Intelligence Industry Investment Fund](https://millionrounds.com/fund/china-s-national-artificial-intelligence-industry-investment) - [China Mobile](https://millionrounds.com/fund/china-mobile) - [Monolith Management](https://millionrounds.com/fund/monolith-management) - [CATL](https://millionrounds.com/fund/catl) - [CITIC Securities](https://millionrounds.com/fund/citic-securities) - [National AI Industry Investment Fund](https://millionrounds.com/fund/national-ai-industry-investment-fund) - [ChangXin Memory Technologies](https://millionrounds.com/fund/changxin-memory-technologies) - [Loyal Valley Capital](https://millionrounds.com/fund/loyal-valley-capital) - [Zhejiang Geely Holding Group](https://millionrounds.com/fund/zhejiang-geely-holding-group) - [Ctrip](https://millionrounds.com/fund/ctrip) - [SMIC](https://millionrounds.com/fund/smic) - [trip.com](https://millionrounds.com/fund/trip-com) - [China Telecom](https://millionrounds.com/fund/china-telecom) - [China Fortune-Tech Capital](https://millionrounds.com/fund/china-fortune-tech-capital) - [Shixiang](https://millionrounds.com/fund/shixiang) - and 12 more ## Funding history - October 2026 Series B **$15B** - July 2026 Round **$1.5B** $17B raised across the 2 rounds we hold. ## Reported by - TechStartups 6 October - TechNode 8 October - borainvestir.b3.com.br 22 October - cafebiz.vn 22 October - ctinews.com 22 October - finance.ftvnews.com.tw 22 October - incrypted.com 22 October - renseignementeconomique.fr 22 October - roayahnews.com 22 October - tech-insider.org 22 October The round's figures come from these reports; each link opens the original. ## Other big rounds that week [**TypeSafe AI** $870M Series A](https://millionrounds.com/news/rounds/typesafe-ai-series-a-2026-10)[**Oxide** $445M Series D](https://millionrounds.com/news/rounds/oxide-series-d-2026-10)[**VEIR** $110M Series C](https://millionrounds.com/news/rounds/veir-series-c-2026-10)[M **Manus / Butterfly Effect** $500M Growth](https://millionrounds.com/news/rounds/manus-butterfly-effect-growth-round-2026-10)[**Oratomic** $475M Series B](https://millionrounds.com/news/rounds/oratomic-series-b-2026-10)[**Arena** $200M Series B](https://millionrounds.com/news/rounds/arena-series-b-2026-10) [The company **DeepSeek on Millionrounds** *โ†’*](https://millionrounds.com/company/deepseek)[Weekly roundup **Week of 5 October** *โ†’*](https://millionrounds.com/news/weekly/2026-10-05)[Monthly roundup **October 2026** *โ†’*](https://millionrounds.com/news/monthly/2026-10) **How this article is made** We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) ยท [Report a mistake](https://millionrounds.com/corrections)