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DeepSeek

Open-source LLMs

Chinese open-weight model lab known for the V3 and R1 reasoning models. Reportedly closing its first external funding round at ~$45B led by China's Big Fund, after operating off the balance sheet of parent High-Flyer Quant.

Basics

NameDeepSeek
SpaceOpen-source LLMs
Founded2023
Latest valuation$45B
Stage
Statusactive
HQHangzhou
FoundersLiang Wenfeng
Websitehttps://www.deepseek.com
Careershttps://www.deepseek.com/careers
LinkedIn
X / Twitter

Funding history

DateRoundAmount ($M)ValuationConfidenceSource
$45Breported

Founders

No founders recorded yet. Submit info.

Timeline

DateTypeTitleSource
2026-06-14addedDeepSeek added to tracker
Latest valuation: $45B.

Sources

No sources cited.

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Fireworks AI$4B2022
Together AI~$3.3B2022
Snorkel AI~$1.3B2019
Upstage~$1.16B2020
Essential AI$1B2023
Nous Research$1B2023