kapynFunding & M&A

CATL and Tencent back Deepseek's ballooning funding round as the AI startup eyes a 2027 IPO

Deepseek secures a $12 billion funding round led by CATL and Tencent, positioning the AI startup for a 2027 IPO. The capital boost fuels model development and infrastructure scaling, giving Deepseek a competitive edge in the LLM market. This move signals growing investor confidence in mid‑tier AI firms.

The Decoder·Oct 6, 2026

Opening Kapyn…