DeepSeek Targets $74 Billion Valuation in Pre-IPO Funding Round

DeepSeek is advancing its plans for a public offering by organizing a new pre-IPO funding round with a targeted valuation of about $74 billion. The company recently completed a major fundraising effort and has reported substantial revenue growth.

The upcoming funding round is intended to increase DeepSeek’s valuation ahead of an onshore IPO. According to information published by Reuters, the company is seeking to raise additional capital as it prepares for its next phase of expansion.

In June 2026, DeepSeek finalized its first external fundraising round, securing approximately $7.4 billion. This round resulted in a post-money valuation of around $50 billion, as reported by The Information.

DeepSeek’s recent financial disclosures indicate that its annualized revenue has reached between $400 million and $500 million. This revenue performance has contributed to the company’s ability to pursue higher valuations in subsequent fundraising rounds.

What the numbers show

• Pre-IPO funding round targets $74 billion valuation.
• June 2026 fundraising raised $7.4 billion at $50 billion valuation.
• Annualized revenue recently between $400 million and $500 million.

The company’s fundraising activities in mid-2026 marked its first time raising capital from external investors. The proceeds from this round were based on a valuation that was significantly lower than the target for the upcoming pre-IPO round.

DeepSeek’s revenue growth has been cited as a factor supporting its higher valuation targets. The company’s financial performance has been tracked in recent reports, which have highlighted its expanding revenue base.

As DeepSeek moves forward with its pre-IPO funding round, the company is positioning itself for a public listing. The timing and details of the IPO have not been disclosed in the available reports.

* This article is based on publicly available information at the time of writing.