DeepSeek prepares a $12 billion funding round with backing from CATL and Tencent
According to Bloomberg, DeepSeek is close to closing a new funding round aiming to raise at least $12 billion. CATL and Tencent are said to be backing the round, while the company plans a 2027 IPO.
AI voice technology company ElevenLabs raised its valuation to $22 billion through a $300 million secondary share sale. The deal was led by Wellington Management and T. Rowe Price and does not bring new capital into the company. The valuation has doubled in just a few months.
