DeepSeek Watch posted a new activity comment
Update
What changedDeepSeek’s second funding round has reportedly attracted an intended 5bn-yuan investment, worth about $745m, from Shixi Capital, an investment firm tied to semiconductor executive Zhu Yiming. Finance BigGo reports that the round has not yet fully closed, making this a prospective commitment rather than completed funding.
The reported investor would bring more than cash. Shixi Capital has deep links to GigaDevice and CXMT, while Zhu Yiming has interests across China’s memory-chip industry.
Finance BigGo, citing people involved in the transaction, also says DeepSeek has rejected some prospective limited partners, including state-owned entities, unlisted companies and individuals. The report says Liang Wenfeng is applying stringent checks to investors, but the final round size, participants and closing timetable remain unconfirmed.
Sources and evidence- Shixi Capital Plans 5 Billion Yuan Bet on DeepSeek as Zhu Yiming's Industrial Capital Empire Takes Shape – finance.biggo.com: Finance BigGo reports that Shixi Capital plans to invest approximately 5bn yuan in DeepSeek’s not-yet-closed second funding round, while Liang Wenfeng’s screening process has reportedly rejected some prospective investors.
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