Overview
Stepfun was founded in 2023/4.
Funding
Amounts as reported; USD estimates shown only when they matchListed 5 funding records. Latest funding: RMB 150M (Equity), May 25, 2026.
2 listed records lack a clear date or positive USD estimate for the chart.
| Date | Amount | Investors | Sources |
|---|---|---|---|
| May 25, 2026 | RMB 150M ≈ $21.4M · Equity | 米奥会展 | No source link |
Evidence Stepfun raises RMB 150 million in equity financingOn 2026-05-25, according to Xiniu Data, Stepfun completed equity financing, raising RMB 150 million. Investors were Miaohuizhan. The company is a developer and application provider of general-purpose AI large models. Translated source brief, not a quotation. Check the original before citing. Sources · 0
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| May 8, 2026 | $2.5B · Equity | 中兴通讯, 华勤技术, 港投公司, 韦尔股份, 龙旗科技 | No source link |
Evidence Stepfun raises USD 2.5 billion in equity financingOn 2026-05-08, according to Xiniu Data, Stepfun completed equity financing, raising USD 2.5 billion. Investors were Huaqin Technology, Longqi Technology, Weiergufen, Zhongxingtongxun and others. The company is a developer and application provider of general-purpose AI large models. Translated source brief, not a quotation. Check the original before citing. | |||
| Jan 26, 2026 | RMB 5B ≈ $714M · Series B+ | Qiming Venture Capital, 上海国投, 中贝通信, 久奕投资, 五源资本, 华勤技术, 厦门国贸, 国寿股权, 徐汇资本, 梁创投, 浦东创投集团 | No source link |
Evidence Stepfun raises RMB 5 billion in Series B+ financingOn 2026-01-26, according to Xiniu Data, Stepfun completed Series B+ financing, raising RMB 5 billion. Investors were Zhongbei Communications, Pudong Venture Capital Group, Tengxun Investment, Qiming Venture Capital and others. Translated source brief, not a quotation. Check the original before citing. | |||
| Jul 25, 2025 | Undisclosed · Strategic | 上海国投 | No source link |
Evidence No source brief is attached to this record. Sources · 0
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| Dec 23, 2024 | Hundreds of millions of US dollars · Series B | Qiming Venture Capital, 上海国投, 五源资本, 腾讯 | No source link |
Evidence No source brief is attached to this record. Sources · 0
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Select ▸ on a row to see its source brief and links.
Valuation
Amounts as reported; USD estimates shown only when they matchListed 5 valuation records.
No chartable valuation estimates yet.
5 listed records lack a clear date or positive USD estimate for the chart.
| Date | Amount | Investors | Sources |
|---|---|---|---|
| May 25, 2026 | — · Equity | 米奥会展 | No source link |
Evidence Stepfun raises RMB 150 million in equity financingOn 2026-05-25, according to Xiniu Data, Stepfun completed equity financing, raising RMB 150 million. Investors were Miaohuizhan. The company is a developer and application provider of general-purpose AI large models. Translated source brief, not a quotation. Check the original before citing. Sources · 0
| |||
| May 8, 2026 | — · Equity | 中兴通讯, 华勤技术, 港投公司, 韦尔股份, 龙旗科技 | No source link |
Evidence Stepfun raises USD 2.5 billion in equity financingOn 2026-05-08, according to Xiniu Data, Stepfun completed equity financing, raising USD 2.5 billion. Investors were Huaqin Technology, Longqi Technology, Weiergufen, Zhongxingtongxun and others. The company is a developer and application provider of general-purpose AI large models. Translated source brief, not a quotation. Check the original before citing. | |||
| Jan 26, 2026 | — · Series B+ | Qiming Venture Capital, 上海国投, 中贝通信, 久奕投资, 五源资本, 华勤技术, 厦门国贸, 国寿股权, 徐汇资本, 梁创投, 浦东创投集团 | No source link |
Evidence Stepfun raises RMB 5 billion in Series B+ financingOn 2026-01-26, according to Xiniu Data, Stepfun completed Series B+ financing, raising RMB 5 billion. Investors were Zhongbei Communications, Pudong Venture Capital Group, Tengxun Investment, Qiming Venture Capital and others. Translated source brief, not a quotation. Check the original before citing. | |||
| Jul 25, 2025 | — · Strategic | 上海国投 | No source link |
Evidence No source brief is attached to this record. Sources · 0
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| Dec 23, 2024 | — · Series B | Qiming Venture Capital, 上海国投, 五源资本, 腾讯 | No source link |
Evidence No source brief is attached to this record. Sources · 0
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Select ▸ on a row to see its source brief and links.
Revenue
Amounts as reported; USD estimates shown only when they matchNo revenue records are listed yet.
No revenue rows to list.
Team, products & investors
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Sources · 0Sources & provenance
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Original source text
Names may use phonetic renderings when no English name is supplied. The original wording is retained below.
阶跃星辰是一家通用人工智能创业公司以“智能阶跃 阶跃星辰于 2023 年 4 月成立