A later report puts DeepSeek's round at 105.5 billion yuan

On Oct. 30, 21st Century Business Herald, citing other media, said DeepSeek's second round had raised 105.5 billion yuan from nearly 30 investors at a 615.5 billion yuan post-money valuation, with Tencent and CATL still the largest backers. Bloomberg and Reuters reported on Oct. 22 that the round was about 100 billion yuan, with CATL and Tencent among the largest investors. Reuters said then that completion was still days away and the lineup could change, and DeepSeek has not confirmed either total.