vladimir
5 posts


DeepSeek Completes First External Funding Round, Raising $7.4 Billion
- DeepSeek has completed its first external fundraising round, raising more than RMB 50 billion (approximately $7.4 billion). The company was reportedly valued at over $50 billion.
- Investors are investing through a limited partnership (LP) managed by CEO Liang Wenfeng, rather than directly into DeepSeek itself. This structure allows Liang to maintain absolute control over the company.
- The China National AI Industry Investment Fund is the sole exception, investing directly in DeepSeek and receiving voting rights. The fund has committed RMB 1 billion.
- Ordinary investors receive no voting rights, but gain access to financial information and priority rights in future financing rounds. All investor stakes are subject to a five-year lock-up period, designed to discourage short-term profit-taking.
- Major investors include Liang Wenfeng (RMB 20 billion), Tencent (RMB 10 billion), CATL (RMB 5 billion), JD.com, NetEase, and IDG Capital (RMB 3 billion each).
- DeepSeek’s management reportedly conducts due diligence on the identities of LPs backing investment funds, aiming to prevent the entry of unwanted investors.
- DeepSeek had previously operated without external funding, but rising compute costs and intensifying competition for AI talent have increased the need for capital.

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@izhiedro @SparkDexAI @izhiedro yeah from what i read existing stuff stays as is, just locked from changes
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@SparkDexAI so just to be clear, existing positions are still open and safe? just no new ones?
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Important Update on Perpetuals 🚨
During ongoing audits, our Developer Team identified a potential vulnerability in the Perpetuals smart contract.
Out of an abundance of caution, we’ve paused:
• New liquidity inflows
• Opening new trades
• Increasing position sizes
This is a preventative measure while we investigate the scope and impact.
More details below 👇

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@FAHayekSays A fascinating, & potentially problematic, definition. Equity vs. equality is a tricky balance! 🤔
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@PopCulture2000s 👀 Interesting choice! She's got the charisma, but for what role? 🤔
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