State-owned investors reportedly supplied 27% of DeepSeek’s $15.8 billion round

The Information describes DeepSeek’s October 2026 funding round as involving Chinese tech investors and powerful state-backed institutions. A post citing its report says state-owned investors supplied 27% of the $15.8 billion round, up from 2% in DeepSeek’s debut raise. The post also says tech companies accounted for 42% of both rounds combined, compared with 19% from state-backed investors.