
DeepSeek reportedly pauses new fundraising after leaked founder meeting
The controversy stems from a transcript of what was described as a nearly four-hour closed-door investor session in mid-July.

The controversy stems from a transcript of what was described as a nearly four-hour closed-door investor session in mid-July.

DeepSeek reportedly generates annualized revenue of $400 million to $500 million, with gross margins exceeding 50% on its flagship API business.
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MicBot has positioned itself in high-risk industrial sectors such as mining, metallurgy and chemicals.

Four of the 14 Jiangsu companies that have listed on China’s A-share market this year come from the semiconductor industry.

The company said its valuation surpassed 10 billion yuan following earlier fundraising rounds this year, making it a unicorn already.
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If no check-in is recorded for two consecutive days, the app automatically sends alerts to family members and emergency contacts.

Other potential backers include e-commerce heavyweight JD.com and online gaming titan NetEase, while Tencent and Alibaba Group have also been previously reported to be in talks.

The move formalizes the completion of the company’s previously announced angel round rather than a fresh financing deal.
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Proceeds from the latest funding will be used to advance core technologies and accelerate large-scale deployment across specialized industrial scenarios nationwide.

Earlier discussions had suggested a baseline valuation of $10 billion, though negotiations remain ongoing and final terms could still change.