The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← DeepSeek

Capital · available

SUPERSEDES the Apr-2026 $300M/$10B report — DeepSeek closed a $7-7.4B first external round in Jun-2026 at a ~$50-52B post-money valuation; a second round seeking $1.5B at a reported $71-74B valuation was in talks Jul-14/18-2026 then PAUSED Jul-25/27 after founder Liang Wenfeng's leaked remarks on the US-China compute gap went viral; core asset remains a pre-export-control GPU stockpile plus High-Flyer backing

high confidence · as of 2026-07-28 · about DeepSeek

Sourced figures 9


the working

Threads 1

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to DeepSeek.