Overview
DeepSeek is a Hangzhou-based developer of large language models, known for releasing open-weight models. It is the newest company in the top ten: CB Insights records it joining the unicorn list on 16 June 2026 at a valuation of US$50bn, and names Alibaba Group, battery maker CATL and Guozhitou Private Equity Fund Management among its investors.[1] Crunchbase News described the round as DeepSeek’s first external financing and listed it among the largest new unicorns of the first half of 2026.[3] Its entry contributed to the rise in Chinese new unicorns that Crunchbase reported, from 10 in all of 2025 to 38 in the first half of 2026.[3]
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Fanatics
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