DeepSeek is finalizing a new funding round of at least RMB 80 billion, with Tencent and CATL among the largest committed investors. The total far exceeded its original RMB 50 billion target and lays the groundwork for an IPO in early 2027.
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RapidCanvas has raised $29 million in Series B funding led by Vertex Ventures Southeast Asia & India, bringing its total funding to $52.5 million. The startup says its annual recurring revenue grew eightfold over the past six quarters as enterprises move AI projects from pilots into production.
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Northbeam Systems raised $85M in Series B funding to build two more GPU data centers and double headcount to 240.
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