Founder · DeepSeek

Liang Wenfeng

Founder of DeepSeek, an artificial intelligence company based in Hangzhou.

FounderHangzhouArtificial Intelligence
Founded
2023
Hangzhou, Zhejiang, China
Latest round
First external round
~$7.4B · 2026

About

Liang Wenfeng is Founder of DeepSeek, an artificial intelligence company based in Hangzhou, founded in 2023. DeepSeek's most recent disclosed round was a First external round of ~$7.4B in 2026.

Compiled from StartupFox records · updates as coverage is published

Company

Est. 2023
DeepSeek
Artificial Intelligence · Hangzhou

DeepSeek is a Chinese artificial intelligence company developing open-weight large language models. Backed by quantitative hedge fund High-Flyer, it gained international attention for releasing frontier-class reasoning models trained at substantially lower reported cost than comparable Western systems.

Funding
2026First external round~$7.4BLiang Wenfeng (~20bn yuan), Tencent (~10bn yuan), CATL (~5bn yuan), JD.com, NetEase, China's national AI investment fund
Company profile →1 round on record

Journey with DeepSeek

1 milestone
  1. Oct 2026Funding

    Reported by Bloomberg to be close to raising at least 80 billion yuan, about $12 billion, with Tencent and CATL among the largest backers, at a target valuation near $75 billion, as pre-IPO capital for a listing in early 2027. Not confirmed by the companies.

Coverage

2 stories

Quick answers

Who is Liang Wenfeng?

Liang Wenfeng is the Founder of DeepSeek, an artificial intelligence company based in Hangzhou, founded in 2023.

Who founded DeepSeek?

StartupFox's company records list Liang Wenfeng as Founder of DeepSeek.

Where is DeepSeek based?

DeepSeek is headquartered in Hangzhou, Zhejiang, China.

What has StartupFox reported about Liang Wenfeng?

StartupFox has published 2 stories naming Liang Wenfeng; the most recent is “DeepSeek Is Reportedly Raising $12 Billion From Tencent, CATL And State-Linked Funds”.

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Sources & updates

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