DeepSeek backs robotics AI startup Winverse at a $400M valuation
As seen on the 24/7 Wall St. homepage on October 12, 2026.
The model lab that rattled US AI valuations is now writing checks into hardware, backing Winverse at roughly $400 million as China's physical-AI buildout picks up ahead of a possible STAR Market listing.
DeepSeek is reportedly set to lead a funding round for robotics AI startup Winverse at a ~$400M valuation. The round is expected to raise tens of millions, with Meituan also participating, as DeepSeek expands into physical AI. https://t.co/fVkhFeJJJb https://t.co/ulhUcLZufA [Quoted @KraneShares]: One of China’s most closely watched AI companies is preparing for a potential IPO on Shanghai’s STAR Market... DeepSeek’s IPO could mark the next phase of China’s AI boom, as it prepares to enter a market already home to leading semiconductor and robotics companies like CXMT and https://t.co/LlSYr4Ftm3
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DeepSeek is reportedly set to lead a funding round for Winverse, a robotics AI startup, at a valuation of roughly $400 million. Meituan is also participating, signaling that well-capitalized Chinese tech players are lining up behind physical AI.
Backing a robotics company puts DeepSeek, long known as a model lab, directly in the middle of China's push to embed AI into hardware and industrial systems, a front investors watch closely for signs of where the country's next wave of AI capital flows.
DeepSeek is also reportedly preparing for an IPO on Shanghai's STAR Market, a venue already home to semiconductor and robotics names. That dual story of a major funding bet and a public listing puts the company at the center of what KraneShares called the next phase of China's AI boom.
For investors tracking China's AI buildout, the Winverse deal is a concrete data point: the lab best known for rattling US AI valuations is now allocating capital into physical AI infrastructure.