{"id":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","kind":"companies","code":"UB-C202","name":"Stepfun","nameBasis":"source-english","summary":"StepFun is an artificial general intelligence startup, with the phrase \"intelligence leap...\"","description":"Stepfun was founded in 2023/4.","country":"China","category":null,"originalName":"阶跃星辰","eventDate":null,"website":"https://www.stepfun.com/","sourceUpdatedAt":"2026-10-05T00:00:00.000Z","englishUpdatedAt":"2026-10-15T20:59:38.351Z","reviewedAt":"2026-10-15T20:59:38.351Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"fde7d71749814c283db0cfc1fc4757f3b947ad8ebc98625a7cf146cca657e78f","companyId":null,"foundedYear":2023,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fcompany%2FrecXfGjJio%2F74dff5ff748b74daff6627da9695ee7dbe093de60ec735d620b6af7edab3c245.png","originalText":"阶跃星辰是一家通用人工智能创业公司以“智能阶跃\n\n阶跃星辰于 2023 年 4 月成立","sources":[],"related":[{"id":"b88ed66c-9a4a-48c7-bad7-8216aeaad7b5","kind":"products","code":"UB-D6377","name":"Amoo","nameBasis":"original-brand","summary":"A personal agent launched by StepFun on 2026-10-13, debuting on the STEPX Neo agent smartphone","description":"A personal agent launched by StepFun on 2026-10-13, debuting on the STEPX Neo agent smartphone","country":null,"category":"Personal agents","originalName":"Amoo","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T12:00:19.466Z","englishUpdatedAt":"2026-10-15T21:18:31.079Z","reviewedAt":"2026-10-15T21:18:31.079Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"502322cba9a75c2c2cc99c1703c0408191837f9ac6314fea7da758123c979f69","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/amoo"},{"id":"c10a2469-a6a9-4a23-a236-534bc2c32ccf","kind":"people","code":"UB-P730","name":"Jiang Daxin","nameBasis":"transliterated","summary":"Dr. Jiang Daxin oversees StepFun’s strategy and technology and product R&D. Under his leadership, it rapidly became a leading Chinese general-purpose large-model startup. A globally recognized natural language processing expert, he has extensive research and engineering experience in machine learning, data mining, NLP and bioinformatics.\nFormer global vice president at Microsoft and chief scientist of its Software Technology Center Asia (STCA), responsible for Bing’s technical development. Led multiple AI projects and provided key technology for Microsoft 365, Azure and Cortana. Before Microsoft, was an assistant professor at Nanyang Technological University’s School of Computer Science and Engineering in Singapore.\nHolds multiple data-mining and NLP patents and published more than 100 papers in venues including SIGKDD, ACL and AAAI, with over 13 thousand Google Scholar citations. Co-authored Context-Aware Query Suggestion by Mining Click-Through and Session Data, which received the SIGKDD Best Applied Paper Award in 2008. Holds a computer science doctorate from the State University of New York at Buffalo and an undergraduate degree from USTC.\nFounded StepFun in 2023/4, overseeing strategy and technology and product R&D and leading its rapid growth into a leading general-purpose model startup.\nPreviously Microsoft global vice president, deputy head and chief scientist of STCA. Led a research and engineering team of more than four hundred developing Bing (http://www.bing.com), including web ranking, intelligent Q&A, knowledge cards, image and video search. Applied deep learning to improve search quality. Language alignment, data augmentation and transfer-learning methods helped expand Bing to over 200 countries and regions and more than 100 languages. These technologies were also used in Cortana, Azure Cognitive Services, Outlook and Xbox. Previously an assistant professor at Nanyang Technological University in Singapore.\nA globally recognized NLP expert with extensive machine-learning, data-mining, NLP and bioinformatics research and engineering experience. Holds multiple patents and more than 100 publications at SIGKDD, ACL, AAAI and other venues. This source passage gives more than 20 thousand Google Scholar citations and an H-index of 58. His doctoral paper Mining coherent gene clusters from gene-sample-time microarray data was runner-up for SIGKDD’s Best Applied Paper Award in 2004. The paper Context-Aware Query Suggestion by Mining Click-Through and Session Data, completed with an intern he supervised at Microsoft Research Asia, won SIGKDD’s Best Applied Paper Award in 2008.\nServed as Industry Track program chair at SIGKDD and DASFAA, WSDM Industrial Day chair and associate editor of IEEE Transactions on Knowledge and Data Engineering (TKDE). Also an executive committee member and member of the CCF CTO Club enterprise working committee, information retrieval committee and natural language generation and intelligent writing committee. Selected as an IEEE Fellow in 2025. The differing citation figures follow the respective source passages.","description":"Chinese person.","country":null,"category":null,"originalName":"姜大昕","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-05T19:00:17.025Z","englishUpdatedAt":"2026-10-16T01:06:07.788Z","reviewedAt":"2026-10-16T01:06:07.788Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f3e7300b7a0dab877625e8064d2279d20ef231fc4cb7d645175869442f2e2a9","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/people/jiang-daxin"},{"id":"ad99c67f-db20-4dbe-b063-386c5ee18cda","kind":"products","code":"UB-D953","name":"Jieyue AI","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"Chatbots","originalName":"阶跃AI","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T09:14:30.480Z","englishUpdatedAt":"2026-10-15T19:38:41.081Z","reviewedAt":"2026-10-15T19:38:41.081Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b3c3a9096b77d8a134f0e2b028902d61524fe6092e148bde0ebea084409bd678","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/jieyue-ai"},{"id":"8fab78b4-d2f6-4dd0-9d48-d597c69a4615","kind":"products","code":"UB-D954","name":"Maopaoya","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"AI companions","originalName":"冒泡鸭","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T18:07:17.601Z","englishUpdatedAt":"2026-10-15T19:38:41.052Z","reviewedAt":"2026-10-15T19:38:41.052Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e6f38646cbab7a2ab86cac64c2b1d408991e736b2ee6fb0ed85b55a7d4e2d145","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2Frecuhg2EUy5Unf%2F74dff5ff748b74daff6627da9695ee7dbe093de60ec735d620b6af7edab3c245.png","path":"/products/maopaoya"},{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"405fead4-8c7f-4498-9e6d-9c65f13d3991","kind":"news","code":"405fead4-8c7f-4498-9e6d-9c65f13d3991","name":"Stepfun completes strategic financing","nameBasis":"translated-title","summary":"","description":"","country":null,"category":null,"originalName":"阶跃星辰完成战略投资融资","eventDate":"2025-07-25T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-14T11:18:16.913Z","englishUpdatedAt":"2026-10-15T17:19:59.429Z","reviewedAt":"2026-10-15T17:19:59.429Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"ef9308c60d56f89f4525d6b1f9256315153953449a32d48a1c9febe3483a26f3","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/news/405fead4-8c7f-4498-9e6d-9c65f13d3991"},{"id":"baedca7e-7db8-4fbe-a94a-d76494f85c86","kind":"news","code":"baedca7e-7db8-4fbe-a94a-d76494f85c86","name":"Stepfun raises hundreds of millions of USD in Series B financing","nameBasis":"translated-title","summary":"","description":"","country":null,"category":null,"originalName":"阶跃星辰完成数亿美元B轮融资","eventDate":"2024-12-23T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-14T10:48:12.832Z","englishUpdatedAt":"2026-10-15T17:19:59.938Z","reviewedAt":"2026-10-15T17:19:59.938Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"6261c4c412d7624bfdb27fe72b085dd5e8745a8a43e69582708a2a011bcc5232","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/news/baedca7e-7db8-4fbe-a94a-d76494f85c86"},{"id":"80115b35-bd6b-42c7-bf8c-0730f9c5f434","kind":"news","code":"80115b35-bd6b-42c7-bf8c-0730f9c5f434","name":"Stepfun raises RMB 150 million in equity financing","nameBasis":"translated-title","summary":"On 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.","description":"","country":null,"category":null,"originalName":"阶跃星辰完成股权投资融资，金额1.50亿人民币","eventDate":"2026-05-25T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T17:24:25.221Z","englishUpdatedAt":"2026-10-15T19:46:04.315Z","reviewedAt":"2026-10-15T19:46:04.315Z","snapshotAt":"2026-10-15T18:31:34.288Z","sourceHash":"4a4dcbec2f483ea47097d4105a16e0f15dab1e32556fc1087627bb1fbd8ec104","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/news/80115b35-bd6b-42c7-bf8c-0730f9c5f434"},{"id":"77b438e5-6da2-4371-96e5-1d06903c75d8","kind":"news","code":"77b438e5-6da2-4371-96e5-1d06903c75d8","name":"Stepfun raises RMB 5 billion in Series B+ financing","nameBasis":"translated-title","summary":"On 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.","description":"","country":null,"category":null,"originalName":"阶跃星辰完成B+融资，金额50亿人民币","eventDate":"2026-01-26T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-16T19:48:24.436Z","englishUpdatedAt":"2026-10-18T08:52:13.881Z","reviewedAt":"2026-10-18T08:52:13.881Z","snapshotAt":"2026-10-18T08:51:49.337Z","sourceHash":"31decd290d4f1234545d95d939b2052d533a7e9668400f9fc3ece6a13e40a8a1","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/news/77b438e5-6da2-4371-96e5-1d06903c75d8"},{"id":"17bf917a-9ac2-470c-b507-4e0ec5fb069b","kind":"news","code":"17bf917a-9ac2-470c-b507-4e0ec5fb069b","name":"Stepfun raises USD 2.5 billion in equity financing","nameBasis":"translated-title","summary":"On 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.","description":"","country":null,"category":null,"originalName":"阶跃星辰完成股权投资融资，金额25亿美元","eventDate":"2026-05-08T00:00:00.000Z","website":null,"sourceUpdatedAt":"2026-10-15T17:24:25.237Z","englishUpdatedAt":"2026-10-15T19:46:04.295Z","reviewedAt":"2026-10-15T19:46:04.295Z","snapshotAt":"2026-10-15T18:31:34.288Z","sourceHash":"9c5db1dad5a6cafed6ae2b80ac500b8cadc016a9c84aa27121c838013624a5b3","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/news/17bf917a-9ac2-470c-b507-4e0ec5fb069b"},{"id":"2daa435d-55a9-4737-bab7-61e55af50b46","kind":"products","code":"UB-D1732","name":"Yuewen","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"Chatbots","originalName":"跃问","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T18:00:13.637Z","englishUpdatedAt":"2026-10-15T19:38:40.950Z","reviewedAt":"2026-10-15T19:38:40.950Z","snapshotAt":"2026-10-15T18:31:08.813Z","sourceHash":"4736b6f1677e3eb70c4c957faaa5a3a5977700b2b79828927edbc31375161c22","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/yuewen"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"7269d6a0-3074-4a08-a1b2-75f01579e06e","kind":"institutions","code":"UB-I3568","name":"中兴通讯","nameBasis":"transliterated","summary":"ZTE Corporation.","description":"ZTE Corporation.","country":null,"category":null,"originalName":"中兴通讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:06:26.134Z","englishUpdatedAt":"2026-10-15T19:36:23.562Z","reviewedAt":"2026-10-15T19:36:23.562Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e6af11b9093d9ce7c4ec1cd188f0e47f3075502a9c11b568b188f7aad52964d","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongxingtongxun","path":"/institutions/zhongxingtongxun"},{"id":"9f44b101-28a4-4f80-aeba-30f6ff165469","kind":"institutions","code":"UB-I628","name":"中贝通信","nameBasis":"transliterated","summary":"Direct investment by the listed company Zhongbei Communications.","description":"Direct investment by the listed company Zhongbei Communications.","country":null,"category":null,"originalName":"中贝通信","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.432Z","englishUpdatedAt":"2026-10-15T20:13:55.951Z","reviewedAt":"2026-10-15T20:13:55.951Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9c9acd160e1df6348850185e54824626f47ca1659e4c853e2d3c875b0dafa8cf","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongbei Communications","path":"/institutions/zhongbei-communications"},{"id":"706a3bf2-cd5b-4210-90a3-531a362ca10a","kind":"institutions","code":"UB-I5634","name":"久奕投资","nameBasis":"transliterated","summary":"Jiuyi Investment, a venture capital firm focused on technology investments.","description":"Jiuyi Investment, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"久奕投资","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.936Z","englishUpdatedAt":"2026-10-15T17:35:39.196Z","reviewedAt":"2026-10-15T17:35:39.196Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5d8c894c45e472bd91b047d7231c9f7cecec7dc86fb78c97f4453fa89569a6ec","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuyi Investment","path":"/institutions/jiuyi-investment"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"64ceee50-10d9-4e6b-bfac-319fb6c24995","kind":"institutions","code":"UB-I8923","name":"厦门国贸","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"厦门国贸","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.219Z","englishUpdatedAt":"2026-10-15T17:35:39.126Z","reviewedAt":"2026-10-15T17:35:39.126Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"6f6ed332592f37e76c434c9ffed20a175828fdc65f8dc7118e04feeb56861794","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiamen Guomao","path":"/institutions/xiamen-guomao"},{"id":"d6b33bd1-d0f0-4b4f-9290-d85a6dee1390","kind":"institutions","code":"UB-I8941","name":"国寿股权","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"国寿股权","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.639Z","englishUpdatedAt":"2026-10-15T17:35:39.814Z","reviewedAt":"2026-10-15T17:35:39.814Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"9ed31108c9c94f4f55edccc02d96c9588a4ceae3ade81c15133c6219d0bc1e36","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guoshouguquan","path":"/institutions/guoshouguquan"},{"id":"dcd008e5-fb9f-40b0-bd64-d4562957642a","kind":"institutions","code":"UB-I1840","name":"徐汇资本","nameBasis":"transliterated","summary":"Shanghai Xuhui District state-owned investment platform.","description":"Shanghai Xuhui District state-owned investment platform.","country":null,"category":null,"originalName":"徐汇资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:56:24.027Z","englishUpdatedAt":"2026-10-15T19:58:05.208Z","reviewedAt":"2026-10-15T19:58:05.208Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c6e70a78d7cbdb79aee40cae4ead79166183e118643a8d4fbafbe71a1d90db22","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xuhui Capital","path":"/institutions/xuhui-capital"},{"id":"ce70fb90-708b-4ed9-b889-b5218ee190d6","kind":"institutions","code":"UB-I8066","name":"梁创投","nameBasis":"transliterated","summary":"Liang Venture Capital, a venture capital firm focused on technology investments.","description":"Liang Venture Capital, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"梁创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:24:22.957Z","englishUpdatedAt":"2026-10-15T17:35:39.767Z","reviewedAt":"2026-10-15T17:35:39.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"569478183d81595377c4ad934d368ed3868f928b19811d2d80e54f13fe9b2422","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Liang Venture Capital","path":"/institutions/liang-venture-capital"},{"id":"03efbee3-8a61-49c4-a450-f285004a3ebd","kind":"institutions","code":"UB-I3789","name":"浦东创投集团","nameBasis":"transliterated","summary":"Shanghai Pudong state-capital-backed venture capital group.","description":"Shanghai Pudong state-capital-backed venture capital group.","country":null,"category":null,"originalName":"浦东创投集团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:25.334Z","englishUpdatedAt":"2026-10-15T20:13:55.766Z","reviewedAt":"2026-10-15T20:13:55.766Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b73c37e07c192fb91af6875df7120ddffc5ac0072cf48e34bbeb695ba06ef6e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Pudong Venture Capital Group","path":"/institutions/pudong-venture-capital-group"},{"id":"0efe15a9-6240-420a-a4b9-7e71e69e7814","kind":"institutions","code":"UB-I5328","name":"港投公司","nameBasis":"transliterated","summary":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","description":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","country":null,"category":null,"originalName":"港投公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:56:24.915Z","englishUpdatedAt":"2026-10-15T18:26:24.705Z","reviewedAt":"2026-10-15T18:26:24.705Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46422e47f2fd6f86066c410fd21b5f4f0b63b757c76cc73f20a712c56f8ba2be","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gangtougongsi","path":"/institutions/gangtougongsi"},{"id":"e304a78f-9d13-4e97-814b-98df6ba8e427","kind":"institutions","code":"UB-I3911","name":"米奥会展","nameBasis":"transliterated","summary":"Hangzhou Miorante exhibition company, making strategic investments.","description":"Hangzhou Miorante exhibition company, making strategic investments.","country":null,"category":null,"originalName":"米奥会展","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:12:23.605Z","englishUpdatedAt":"2026-10-15T20:40:58.237Z","reviewedAt":"2026-10-15T20:40:58.237Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e4178b04e01754128e390f382718b3492777cd65e11aaa25d107eb9d3483585f","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Miaohuizhan","path":"/institutions/miaohuizhan"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"},{"id":"53fa3412-80c5-4c51-9fbe-d50ba2f3fd05","kind":"institutions","code":"UB-I8802","name":"韦尔股份","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"韦尔股份","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:34:21.037Z","englishUpdatedAt":"2026-10-15T17:35:39.018Z","reviewedAt":"2026-10-15T17:35:39.018Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"bc8451df4862434b4a54c96c898be758acc186512fba03bd1e4e772274a4f50e","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Weiergufen","path":"/institutions/weiergufen"},{"id":"74968f17-331e-437d-97d3-b56d47aa4588","kind":"institutions","code":"UB-I4744","name":"龙旗科技","nameBasis":"transliterated","summary":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","description":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","country":null,"category":null,"originalName":"龙旗科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:21.263Z","englishUpdatedAt":"2026-10-15T18:43:03.672Z","reviewedAt":"2026-10-15T18:43:03.672Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b1e09577099727585318554e28cc0e891b5cf50f3e2906c53c12d8f6ca37c361","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Longqi Technology","path":"/institutions/longqi-technology"}],"finance":{"funding":{"metric":"funding","count":5,"latest":{"value":21428571,"text":"1.50亿人民币","date":"2026-05-25T00:00:00.000Z","round":"Equity","estimate":"RMB 150M"},"years":[2026],"points":[{"year":2026,"date":"2026-01-26T00:00:00.000Z","round":"Series B+","value":714285714,"eventIds":["77b438e5-6da2-4371-96e5-1d06903c75d8"]},{"year":2026,"date":"2026-05-08T00:00:00.000Z","round":"Equity","value":2500000000,"eventIds":["17bf917a-9ac2-470c-b507-4e0ec5fb069b"]},{"year":2026,"date":"2026-05-25T00:00:00.000Z","round":"Equity","value":21428571,"eventIds":["80115b35-bd6b-42c7-bf8c-0730f9c5f434"]}],"linePoints":[],"conflictGroups":0,"omittedRecordCount":2,"records":[{"id":"80115b35-bd6b-42c7-bf8c-0730f9c5f434","date":"2026-05-25T00:00:00.000Z","round":"Equity","amountText":"1.50亿人民币","estimateUsd":21428571,"estimateLabel":"RMB 150M","estimateNote":"≈ $21.4M","investors":"米奥会展","institutions":[{"id":"e304a78f-9d13-4e97-814b-98df6ba8e427","kind":"institutions","code":"UB-I3911","name":"米奥会展","nameBasis":"transliterated","summary":"Hangzhou Miorante exhibition company, making strategic investments.","description":"Hangzhou Miorante exhibition company, making strategic investments.","country":null,"category":null,"originalName":"米奥会展","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:12:23.605Z","englishUpdatedAt":"2026-10-15T20:40:58.237Z","reviewedAt":"2026-10-15T20:40:58.237Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e4178b04e01754128e390f382718b3492777cd65e11aaa25d107eb9d3483585f","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Miaohuizhan","path":"/institutions/miaohuizhan"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises RMB 150 million in equity financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/80115b35-bd6b-42c7-bf8c-0730f9c5f434","sourceCount":0}},{"id":"17bf917a-9ac2-470c-b507-4e0ec5fb069b","date":"2026-05-08T00:00:00.000Z","round":"Equity","amountText":"25亿美元","estimateUsd":2500000000,"estimateLabel":"$2.5B","estimateNote":null,"investors":"华勤技术，龙旗科技，韦尔股份，中兴通讯，港投公司等","institutions":[{"id":"7269d6a0-3074-4a08-a1b2-75f01579e06e","kind":"institutions","code":"UB-I3568","name":"中兴通讯","nameBasis":"transliterated","summary":"ZTE Corporation.","description":"ZTE Corporation.","country":null,"category":null,"originalName":"中兴通讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:06:26.134Z","englishUpdatedAt":"2026-10-15T19:36:23.562Z","reviewedAt":"2026-10-15T19:36:23.562Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e6af11b9093d9ce7c4ec1cd188f0e47f3075502a9c11b568b188f7aad52964d","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongxingtongxun","path":"/institutions/zhongxingtongxun"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"0efe15a9-6240-420a-a4b9-7e71e69e7814","kind":"institutions","code":"UB-I5328","name":"港投公司","nameBasis":"transliterated","summary":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","description":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","country":null,"category":null,"originalName":"港投公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:56:24.915Z","englishUpdatedAt":"2026-10-15T18:26:24.705Z","reviewedAt":"2026-10-15T18:26:24.705Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46422e47f2fd6f86066c410fd21b5f4f0b63b757c76cc73f20a712c56f8ba2be","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gangtougongsi","path":"/institutions/gangtougongsi"},{"id":"53fa3412-80c5-4c51-9fbe-d50ba2f3fd05","kind":"institutions","code":"UB-I8802","name":"韦尔股份","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"韦尔股份","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:34:21.037Z","englishUpdatedAt":"2026-10-15T17:35:39.018Z","reviewedAt":"2026-10-15T17:35:39.018Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"bc8451df4862434b4a54c96c898be758acc186512fba03bd1e4e772274a4f50e","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Weiergufen","path":"/institutions/weiergufen"},{"id":"74968f17-331e-437d-97d3-b56d47aa4588","kind":"institutions","code":"UB-I4744","name":"龙旗科技","nameBasis":"transliterated","summary":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","description":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","country":null,"category":null,"originalName":"龙旗科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:21.263Z","englishUpdatedAt":"2026-10-15T18:43:03.672Z","reviewedAt":"2026-10-15T18:43:03.672Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b1e09577099727585318554e28cc0e891b5cf50f3e2906c53c12d8f6ca37c361","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Longqi Technology","path":"/institutions/longqi-technology"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises USD 2.5 billion in equity financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/17bf917a-9ac2-470c-b507-4e0ec5fb069b","sourceCount":0}},{"id":"77b438e5-6da2-4371-96e5-1d06903c75d8","date":"2026-01-26T00:00:00.000Z","round":"Series B+","amountText":"50亿人民币","estimateUsd":714285714,"estimateLabel":"RMB 5B","estimateNote":"≈ $714M","investors":"中贝通信,浦东创投集团,腾讯投资,启明创投,久奕投资,上海国投,国寿股权,梁创投,徐汇资本,五源资本,华勤技术,厦门国贸","institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"9f44b101-28a4-4f80-aeba-30f6ff165469","kind":"institutions","code":"UB-I628","name":"中贝通信","nameBasis":"transliterated","summary":"Direct investment by the listed company Zhongbei Communications.","description":"Direct investment by the listed company Zhongbei Communications.","country":null,"category":null,"originalName":"中贝通信","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.432Z","englishUpdatedAt":"2026-10-15T20:13:55.951Z","reviewedAt":"2026-10-15T20:13:55.951Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9c9acd160e1df6348850185e54824626f47ca1659e4c853e2d3c875b0dafa8cf","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongbei Communications","path":"/institutions/zhongbei-communications"},{"id":"706a3bf2-cd5b-4210-90a3-531a362ca10a","kind":"institutions","code":"UB-I5634","name":"久奕投资","nameBasis":"transliterated","summary":"Jiuyi Investment, a venture capital firm focused on technology investments.","description":"Jiuyi Investment, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"久奕投资","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.936Z","englishUpdatedAt":"2026-10-15T17:35:39.196Z","reviewedAt":"2026-10-15T17:35:39.196Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5d8c894c45e472bd91b047d7231c9f7cecec7dc86fb78c97f4453fa89569a6ec","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuyi Investment","path":"/institutions/jiuyi-investment"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"64ceee50-10d9-4e6b-bfac-319fb6c24995","kind":"institutions","code":"UB-I8923","name":"厦门国贸","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"厦门国贸","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.219Z","englishUpdatedAt":"2026-10-15T17:35:39.126Z","reviewedAt":"2026-10-15T17:35:39.126Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"6f6ed332592f37e76c434c9ffed20a175828fdc65f8dc7118e04feeb56861794","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiamen Guomao","path":"/institutions/xiamen-guomao"},{"id":"d6b33bd1-d0f0-4b4f-9290-d85a6dee1390","kind":"institutions","code":"UB-I8941","name":"国寿股权","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"国寿股权","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.639Z","englishUpdatedAt":"2026-10-15T17:35:39.814Z","reviewedAt":"2026-10-15T17:35:39.814Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"9ed31108c9c94f4f55edccc02d96c9588a4ceae3ade81c15133c6219d0bc1e36","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guoshouguquan","path":"/institutions/guoshouguquan"},{"id":"dcd008e5-fb9f-40b0-bd64-d4562957642a","kind":"institutions","code":"UB-I1840","name":"徐汇资本","nameBasis":"transliterated","summary":"Shanghai Xuhui District state-owned investment platform.","description":"Shanghai Xuhui District state-owned investment platform.","country":null,"category":null,"originalName":"徐汇资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:56:24.027Z","englishUpdatedAt":"2026-10-15T19:58:05.208Z","reviewedAt":"2026-10-15T19:58:05.208Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c6e70a78d7cbdb79aee40cae4ead79166183e118643a8d4fbafbe71a1d90db22","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xuhui Capital","path":"/institutions/xuhui-capital"},{"id":"ce70fb90-708b-4ed9-b889-b5218ee190d6","kind":"institutions","code":"UB-I8066","name":"梁创投","nameBasis":"transliterated","summary":"Liang Venture Capital, a venture capital firm focused on technology investments.","description":"Liang Venture Capital, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"梁创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:24:22.957Z","englishUpdatedAt":"2026-10-15T17:35:39.767Z","reviewedAt":"2026-10-15T17:35:39.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"569478183d81595377c4ad934d368ed3868f928b19811d2d80e54f13fe9b2422","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Liang Venture Capital","path":"/institutions/liang-venture-capital"},{"id":"03efbee3-8a61-49c4-a450-f285004a3ebd","kind":"institutions","code":"UB-I3789","name":"浦东创投集团","nameBasis":"transliterated","summary":"Shanghai Pudong state-capital-backed venture capital group.","description":"Shanghai Pudong state-capital-backed venture capital group.","country":null,"category":null,"originalName":"浦东创投集团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:25.334Z","englishUpdatedAt":"2026-10-15T20:13:55.766Z","reviewedAt":"2026-10-15T20:13:55.766Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b73c37e07c192fb91af6875df7120ddffc5ac0072cf48e34bbeb695ba06ef6e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Pudong Venture Capital Group","path":"/institutions/pudong-venture-capital-group"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises RMB 5 billion in Series B+ financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/77b438e5-6da2-4371-96e5-1d06903c75d8","sourceCount":0}},{"id":"405fead4-8c7f-4498-9e6d-9c65f13d3991","date":"2025-07-25T00:00:00.000Z","round":"Strategic","amountText":"未披露","estimateUsd":null,"estimateLabel":"Undisclosed","estimateNote":null,"investors":"上海国投","institutions":[{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"}],"newsUrl":null,"evidence":{"headline":"Stepfun completes strategic financing","brief":null,"basis":null,"newsPath":"/news/405fead4-8c7f-4498-9e6d-9c65f13d3991","sourceCount":0}},{"id":"baedca7e-7db8-4fbe-a94a-d76494f85c86","date":"2024-12-23T00:00:00.000Z","round":"Series B","amountText":"数亿美元","estimateUsd":null,"estimateLabel":"Hundreds of millions of US dollars","estimateNote":null,"investors":"上海国投,腾讯投资,五源资本,启明创投","institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises hundreds of millions of USD in Series B financing","brief":null,"basis":null,"newsPath":"/news/baedca7e-7db8-4fbe-a94a-d76494f85c86","sourceCount":0}}],"totalRaised":null},"valuation":{"metric":"valuation","count":5,"latest":null,"years":[],"points":[],"linePoints":[],"conflictGroups":0,"omittedRecordCount":5,"records":[{"id":"80115b35-bd6b-42c7-bf8c-0730f9c5f434","date":"2026-05-25T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"米奥会展","institutions":[{"id":"e304a78f-9d13-4e97-814b-98df6ba8e427","kind":"institutions","code":"UB-I3911","name":"米奥会展","nameBasis":"transliterated","summary":"Hangzhou Miorante exhibition company, making strategic investments.","description":"Hangzhou Miorante exhibition company, making strategic investments.","country":null,"category":null,"originalName":"米奥会展","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:12:23.605Z","englishUpdatedAt":"2026-10-15T20:40:58.237Z","reviewedAt":"2026-10-15T20:40:58.237Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e4178b04e01754128e390f382718b3492777cd65e11aaa25d107eb9d3483585f","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Miaohuizhan","path":"/institutions/miaohuizhan"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises RMB 150 million in equity financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/80115b35-bd6b-42c7-bf8c-0730f9c5f434","sourceCount":0}},{"id":"17bf917a-9ac2-470c-b507-4e0ec5fb069b","date":"2026-05-08T00:00:00.000Z","round":"Equity","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"华勤技术，龙旗科技，韦尔股份，中兴通讯，港投公司等","institutions":[{"id":"7269d6a0-3074-4a08-a1b2-75f01579e06e","kind":"institutions","code":"UB-I3568","name":"中兴通讯","nameBasis":"transliterated","summary":"ZTE Corporation.","description":"ZTE Corporation.","country":null,"category":null,"originalName":"中兴通讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:06:26.134Z","englishUpdatedAt":"2026-10-15T19:36:23.562Z","reviewedAt":"2026-10-15T19:36:23.562Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e6af11b9093d9ce7c4ec1cd188f0e47f3075502a9c11b568b188f7aad52964d","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongxingtongxun","path":"/institutions/zhongxingtongxun"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"0efe15a9-6240-420a-a4b9-7e71e69e7814","kind":"institutions","code":"UB-I5328","name":"港投公司","nameBasis":"transliterated","summary":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","description":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","country":null,"category":null,"originalName":"港投公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:56:24.915Z","englishUpdatedAt":"2026-10-15T18:26:24.705Z","reviewedAt":"2026-10-15T18:26:24.705Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46422e47f2fd6f86066c410fd21b5f4f0b63b757c76cc73f20a712c56f8ba2be","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gangtougongsi","path":"/institutions/gangtougongsi"},{"id":"53fa3412-80c5-4c51-9fbe-d50ba2f3fd05","kind":"institutions","code":"UB-I8802","name":"韦尔股份","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"韦尔股份","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:34:21.037Z","englishUpdatedAt":"2026-10-15T17:35:39.018Z","reviewedAt":"2026-10-15T17:35:39.018Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"bc8451df4862434b4a54c96c898be758acc186512fba03bd1e4e772274a4f50e","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Weiergufen","path":"/institutions/weiergufen"},{"id":"74968f17-331e-437d-97d3-b56d47aa4588","kind":"institutions","code":"UB-I4744","name":"龙旗科技","nameBasis":"transliterated","summary":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","description":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","country":null,"category":null,"originalName":"龙旗科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:21.263Z","englishUpdatedAt":"2026-10-15T18:43:03.672Z","reviewedAt":"2026-10-15T18:43:03.672Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b1e09577099727585318554e28cc0e891b5cf50f3e2906c53c12d8f6ca37c361","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Longqi Technology","path":"/institutions/longqi-technology"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises USD 2.5 billion in equity financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/17bf917a-9ac2-470c-b507-4e0ec5fb069b","sourceCount":0}},{"id":"77b438e5-6da2-4371-96e5-1d06903c75d8","date":"2026-01-26T00:00:00.000Z","round":"Series B+","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"中贝通信,浦东创投集团,腾讯投资,启明创投,久奕投资,上海国投,国寿股权,梁创投,徐汇资本,五源资本,华勤技术,厦门国贸","institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"9f44b101-28a4-4f80-aeba-30f6ff165469","kind":"institutions","code":"UB-I628","name":"中贝通信","nameBasis":"transliterated","summary":"Direct investment by the listed company Zhongbei Communications.","description":"Direct investment by the listed company Zhongbei Communications.","country":null,"category":null,"originalName":"中贝通信","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.432Z","englishUpdatedAt":"2026-10-15T20:13:55.951Z","reviewedAt":"2026-10-15T20:13:55.951Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9c9acd160e1df6348850185e54824626f47ca1659e4c853e2d3c875b0dafa8cf","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongbei Communications","path":"/institutions/zhongbei-communications"},{"id":"706a3bf2-cd5b-4210-90a3-531a362ca10a","kind":"institutions","code":"UB-I5634","name":"久奕投资","nameBasis":"transliterated","summary":"Jiuyi Investment, a venture capital firm focused on technology investments.","description":"Jiuyi Investment, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"久奕投资","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.936Z","englishUpdatedAt":"2026-10-15T17:35:39.196Z","reviewedAt":"2026-10-15T17:35:39.196Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5d8c894c45e472bd91b047d7231c9f7cecec7dc86fb78c97f4453fa89569a6ec","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuyi Investment","path":"/institutions/jiuyi-investment"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"64ceee50-10d9-4e6b-bfac-319fb6c24995","kind":"institutions","code":"UB-I8923","name":"厦门国贸","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"厦门国贸","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.219Z","englishUpdatedAt":"2026-10-15T17:35:39.126Z","reviewedAt":"2026-10-15T17:35:39.126Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"6f6ed332592f37e76c434c9ffed20a175828fdc65f8dc7118e04feeb56861794","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiamen Guomao","path":"/institutions/xiamen-guomao"},{"id":"d6b33bd1-d0f0-4b4f-9290-d85a6dee1390","kind":"institutions","code":"UB-I8941","name":"国寿股权","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"国寿股权","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.639Z","englishUpdatedAt":"2026-10-15T17:35:39.814Z","reviewedAt":"2026-10-15T17:35:39.814Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"9ed31108c9c94f4f55edccc02d96c9588a4ceae3ade81c15133c6219d0bc1e36","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guoshouguquan","path":"/institutions/guoshouguquan"},{"id":"dcd008e5-fb9f-40b0-bd64-d4562957642a","kind":"institutions","code":"UB-I1840","name":"徐汇资本","nameBasis":"transliterated","summary":"Shanghai Xuhui District state-owned investment platform.","description":"Shanghai Xuhui District state-owned investment platform.","country":null,"category":null,"originalName":"徐汇资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:56:24.027Z","englishUpdatedAt":"2026-10-15T19:58:05.208Z","reviewedAt":"2026-10-15T19:58:05.208Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c6e70a78d7cbdb79aee40cae4ead79166183e118643a8d4fbafbe71a1d90db22","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xuhui Capital","path":"/institutions/xuhui-capital"},{"id":"ce70fb90-708b-4ed9-b889-b5218ee190d6","kind":"institutions","code":"UB-I8066","name":"梁创投","nameBasis":"transliterated","summary":"Liang Venture Capital, a venture capital firm focused on technology investments.","description":"Liang Venture Capital, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"梁创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:24:22.957Z","englishUpdatedAt":"2026-10-15T17:35:39.767Z","reviewedAt":"2026-10-15T17:35:39.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"569478183d81595377c4ad934d368ed3868f928b19811d2d80e54f13fe9b2422","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Liang Venture Capital","path":"/institutions/liang-venture-capital"},{"id":"03efbee3-8a61-49c4-a450-f285004a3ebd","kind":"institutions","code":"UB-I3789","name":"浦东创投集团","nameBasis":"transliterated","summary":"Shanghai Pudong state-capital-backed venture capital group.","description":"Shanghai Pudong state-capital-backed venture capital group.","country":null,"category":null,"originalName":"浦东创投集团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:25.334Z","englishUpdatedAt":"2026-10-15T20:13:55.766Z","reviewedAt":"2026-10-15T20:13:55.766Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b73c37e07c192fb91af6875df7120ddffc5ac0072cf48e34bbeb695ba06ef6e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Pudong Venture Capital Group","path":"/institutions/pudong-venture-capital-group"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises RMB 5 billion in Series B+ financing","brief":"On 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.","basis":"translated-source-brief","newsPath":"/news/77b438e5-6da2-4371-96e5-1d06903c75d8","sourceCount":0}},{"id":"405fead4-8c7f-4498-9e6d-9c65f13d3991","date":"2025-07-25T00:00:00.000Z","round":"Strategic","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"上海国投","institutions":[{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"}],"newsUrl":null,"evidence":{"headline":"Stepfun completes strategic financing","brief":null,"basis":null,"newsPath":"/news/405fead4-8c7f-4498-9e6d-9c65f13d3991","sourceCount":0}},{"id":"baedca7e-7db8-4fbe-a94a-d76494f85c86","date":"2024-12-23T00:00:00.000Z","round":"Series B","amountText":null,"estimateUsd":null,"estimateLabel":null,"estimateNote":null,"investors":"上海国投,腾讯投资,五源资本,启明创投","institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"newsUrl":null,"evidence":{"headline":"Stepfun raises hundreds of millions of USD in Series B financing","brief":null,"basis":null,"newsPath":"/news/baedca7e-7db8-4fbe-a94a-d76494f85c86","sourceCount":0}}]},"revenue":{"metric":"revenue","count":0,"latest":null,"years":[],"points":[],"linePoints":[],"conflictGroups":0,"omittedRecordCount":0,"records":[]}},"events":[{"id":"80115b35-bd6b-42c7-bf8c-0730f9c5f434","kind":"funding","eventDate":"2026-05-25T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"1.50亿人民币","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":21428571,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"米奥会展","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"e304a78f-9d13-4e97-814b-98df6ba8e427","kind":"institutions","code":"UB-I3911","name":"米奥会展","nameBasis":"transliterated","summary":"Hangzhou Miorante exhibition company, making strategic investments.","description":"Hangzhou Miorante exhibition company, making strategic investments.","country":null,"category":null,"originalName":"米奥会展","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:12:23.605Z","englishUpdatedAt":"2026-10-15T20:40:58.237Z","reviewedAt":"2026-10-15T20:40:58.237Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e4178b04e01754128e390f382718b3492777cd65e11aaa25d107eb9d3483585f","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Miaohuizhan","path":"/institutions/miaohuizhan"}],"roundName":"Equity","amountLabel":"RMB 150M","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"17bf917a-9ac2-470c-b507-4e0ec5fb069b","kind":"funding","eventDate":"2026-05-08T00:00:00.000Z","revenueDate":null,"round":"股权投资","amountText":"25亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":2500000000,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"华勤技术，龙旗科技，韦尔股份，中兴通讯，港投公司等","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"7269d6a0-3074-4a08-a1b2-75f01579e06e","kind":"institutions","code":"UB-I3568","name":"中兴通讯","nameBasis":"transliterated","summary":"ZTE Corporation.","description":"ZTE Corporation.","country":null,"category":null,"originalName":"中兴通讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:06:26.134Z","englishUpdatedAt":"2026-10-15T19:36:23.562Z","reviewedAt":"2026-10-15T19:36:23.562Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e6af11b9093d9ce7c4ec1cd188f0e47f3075502a9c11b568b188f7aad52964d","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongxingtongxun","path":"/institutions/zhongxingtongxun"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"0efe15a9-6240-420a-a4b9-7e71e69e7814","kind":"institutions","code":"UB-I5328","name":"港投公司","nameBasis":"transliterated","summary":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","description":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","country":null,"category":null,"originalName":"港投公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:56:24.915Z","englishUpdatedAt":"2026-10-15T18:26:24.705Z","reviewedAt":"2026-10-15T18:26:24.705Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46422e47f2fd6f86066c410fd21b5f4f0b63b757c76cc73f20a712c56f8ba2be","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gangtougongsi","path":"/institutions/gangtougongsi"},{"id":"53fa3412-80c5-4c51-9fbe-d50ba2f3fd05","kind":"institutions","code":"UB-I8802","name":"韦尔股份","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"韦尔股份","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:34:21.037Z","englishUpdatedAt":"2026-10-15T17:35:39.018Z","reviewedAt":"2026-10-15T17:35:39.018Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"bc8451df4862434b4a54c96c898be758acc186512fba03bd1e4e772274a4f50e","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Weiergufen","path":"/institutions/weiergufen"},{"id":"74968f17-331e-437d-97d3-b56d47aa4588","kind":"institutions","code":"UB-I4744","name":"龙旗科技","nameBasis":"transliterated","summary":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","description":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","country":null,"category":null,"originalName":"龙旗科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:21.263Z","englishUpdatedAt":"2026-10-15T18:43:03.672Z","reviewedAt":"2026-10-15T18:43:03.672Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b1e09577099727585318554e28cc0e891b5cf50f3e2906c53c12d8f6ca37c361","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Longqi Technology","path":"/institutions/longqi-technology"}],"roundName":"Equity","amountLabel":"$2.5B","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"77b438e5-6da2-4371-96e5-1d06903c75d8","kind":"funding","eventDate":"2026-01-26T00:00:00.000Z","revenueDate":null,"round":"B+","amountText":"50亿人民币","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":714285714,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"中贝通信,浦东创投集团,腾讯投资,启明创投,久奕投资,上海国投,国寿股权,梁创投,徐汇资本,五源资本,华勤技术,厦门国贸","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"9f44b101-28a4-4f80-aeba-30f6ff165469","kind":"institutions","code":"UB-I628","name":"中贝通信","nameBasis":"transliterated","summary":"Direct investment by the listed company Zhongbei Communications.","description":"Direct investment by the listed company Zhongbei Communications.","country":null,"category":null,"originalName":"中贝通信","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.432Z","englishUpdatedAt":"2026-10-15T20:13:55.951Z","reviewedAt":"2026-10-15T20:13:55.951Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9c9acd160e1df6348850185e54824626f47ca1659e4c853e2d3c875b0dafa8cf","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongbei Communications","path":"/institutions/zhongbei-communications"},{"id":"706a3bf2-cd5b-4210-90a3-531a362ca10a","kind":"institutions","code":"UB-I5634","name":"久奕投资","nameBasis":"transliterated","summary":"Jiuyi Investment, a venture capital firm focused on technology investments.","description":"Jiuyi Investment, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"久奕投资","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.936Z","englishUpdatedAt":"2026-10-15T17:35:39.196Z","reviewedAt":"2026-10-15T17:35:39.196Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5d8c894c45e472bd91b047d7231c9f7cecec7dc86fb78c97f4453fa89569a6ec","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuyi Investment","path":"/institutions/jiuyi-investment"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"64ceee50-10d9-4e6b-bfac-319fb6c24995","kind":"institutions","code":"UB-I8923","name":"厦门国贸","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"厦门国贸","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.219Z","englishUpdatedAt":"2026-10-15T17:35:39.126Z","reviewedAt":"2026-10-15T17:35:39.126Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"6f6ed332592f37e76c434c9ffed20a175828fdc65f8dc7118e04feeb56861794","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiamen Guomao","path":"/institutions/xiamen-guomao"},{"id":"d6b33bd1-d0f0-4b4f-9290-d85a6dee1390","kind":"institutions","code":"UB-I8941","name":"国寿股权","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"国寿股权","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.639Z","englishUpdatedAt":"2026-10-15T17:35:39.814Z","reviewedAt":"2026-10-15T17:35:39.814Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"9ed31108c9c94f4f55edccc02d96c9588a4ceae3ade81c15133c6219d0bc1e36","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guoshouguquan","path":"/institutions/guoshouguquan"},{"id":"dcd008e5-fb9f-40b0-bd64-d4562957642a","kind":"institutions","code":"UB-I1840","name":"徐汇资本","nameBasis":"transliterated","summary":"Shanghai Xuhui District state-owned investment platform.","description":"Shanghai Xuhui District state-owned investment platform.","country":null,"category":null,"originalName":"徐汇资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:56:24.027Z","englishUpdatedAt":"2026-10-15T19:58:05.208Z","reviewedAt":"2026-10-15T19:58:05.208Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c6e70a78d7cbdb79aee40cae4ead79166183e118643a8d4fbafbe71a1d90db22","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xuhui Capital","path":"/institutions/xuhui-capital"},{"id":"ce70fb90-708b-4ed9-b889-b5218ee190d6","kind":"institutions","code":"UB-I8066","name":"梁创投","nameBasis":"transliterated","summary":"Liang Venture Capital, a venture capital firm focused on technology investments.","description":"Liang Venture Capital, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"梁创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:24:22.957Z","englishUpdatedAt":"2026-10-15T17:35:39.767Z","reviewedAt":"2026-10-15T17:35:39.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"569478183d81595377c4ad934d368ed3868f928b19811d2d80e54f13fe9b2422","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Liang Venture Capital","path":"/institutions/liang-venture-capital"},{"id":"03efbee3-8a61-49c4-a450-f285004a3ebd","kind":"institutions","code":"UB-I3789","name":"浦东创投集团","nameBasis":"transliterated","summary":"Shanghai Pudong state-capital-backed venture capital group.","description":"Shanghai Pudong state-capital-backed venture capital group.","country":null,"category":null,"originalName":"浦东创投集团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:25.334Z","englishUpdatedAt":"2026-10-15T20:13:55.766Z","reviewedAt":"2026-10-15T20:13:55.766Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b73c37e07c192fb91af6875df7120ddffc5ac0072cf48e34bbeb695ba06ef6e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Pudong Venture Capital Group","path":"/institutions/pudong-venture-capital-group"}],"roundName":"Series B+","amountLabel":"RMB 5B","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"405fead4-8c7f-4498-9e6d-9c65f13d3991","kind":"funding","eventDate":"2025-07-25T00:00:00.000Z","revenueDate":null,"round":"战略投资","amountText":"未披露","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"上海国投","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"}],"roundName":"Strategic","amountLabel":"Undisclosed","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null},{"id":"baedca7e-7db8-4fbe-a94a-d76494f85c86","kind":"funding","eventDate":"2024-12-23T00:00:00.000Z","revenueDate":null,"round":"B轮","amountText":"数亿美元","valuationText":null,"revenueText":"","cumulativeFundingText":"","amountEstimateUsd":null,"valuationEstimateUsd":null,"revenueEstimateUsd":null,"cumulativeFundingEstimateUsd":null,"investors":"上海国投,腾讯投资,五源资本,启明创投","newsUrl":null,"newsTypes":["融资"],"institutions":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"}],"roundName":"Series B","amountLabel":"Hundreds of millions of US dollars","valuationLabel":null,"revenueLabel":null,"cumulativeFundingLabel":null}],"team":[{"id":"c10a2469-a6a9-4a23-a236-534bc2c32ccf","kind":"people","code":"UB-P730","name":"Jiang Daxin","nameBasis":"transliterated","summary":"Dr. Jiang Daxin oversees StepFun’s strategy and technology and product R&D. Under his leadership, it rapidly became a leading Chinese general-purpose large-model startup. A globally recognized natural language processing expert, he has extensive research and engineering experience in machine learning, data mining, NLP and bioinformatics.\nFormer global vice president at Microsoft and chief scientist of its Software Technology Center Asia (STCA), responsible for Bing’s technical development. Led multiple AI projects and provided key technology for Microsoft 365, Azure and Cortana. Before Microsoft, was an assistant professor at Nanyang Technological University’s School of Computer Science and Engineering in Singapore.\nHolds multiple data-mining and NLP patents and published more than 100 papers in venues including SIGKDD, ACL and AAAI, with over 13 thousand Google Scholar citations. Co-authored Context-Aware Query Suggestion by Mining Click-Through and Session Data, which received the SIGKDD Best Applied Paper Award in 2008. Holds a computer science doctorate from the State University of New York at Buffalo and an undergraduate degree from USTC.\nFounded StepFun in 2023/4, overseeing strategy and technology and product R&D and leading its rapid growth into a leading general-purpose model startup.\nPreviously Microsoft global vice president, deputy head and chief scientist of STCA. Led a research and engineering team of more than four hundred developing Bing (http://www.bing.com), including web ranking, intelligent Q&A, knowledge cards, image and video search. Applied deep learning to improve search quality. Language alignment, data augmentation and transfer-learning methods helped expand Bing to over 200 countries and regions and more than 100 languages. These technologies were also used in Cortana, Azure Cognitive Services, Outlook and Xbox. Previously an assistant professor at Nanyang Technological University in Singapore.\nA globally recognized NLP expert with extensive machine-learning, data-mining, NLP and bioinformatics research and engineering experience. Holds multiple patents and more than 100 publications at SIGKDD, ACL, AAAI and other venues. This source passage gives more than 20 thousand Google Scholar citations and an H-index of 58. His doctoral paper Mining coherent gene clusters from gene-sample-time microarray data was runner-up for SIGKDD’s Best Applied Paper Award in 2004. The paper Context-Aware Query Suggestion by Mining Click-Through and Session Data, completed with an intern he supervised at Microsoft Research Asia, won SIGKDD’s Best Applied Paper Award in 2008.\nServed as Industry Track program chair at SIGKDD and DASFAA, WSDM Industrial Day chair and associate editor of IEEE Transactions on Knowledge and Data Engineering (TKDE). Also an executive committee member and member of the CCF CTO Club enterprise working committee, information retrieval committee and natural language generation and intelligent writing committee. Selected as an IEEE Fellow in 2025. The differing citation figures follow the respective source passages.","description":"Chinese person.","country":null,"category":null,"originalName":"姜大昕","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-05T19:00:17.025Z","englishUpdatedAt":"2026-10-16T01:06:07.788Z","reviewedAt":"2026-10-16T01:06:07.788Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9f3e7300b7a0dab877625e8064d2279d20ef231fc4cb7d645175869442f2e2a9","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/people/jiang-daxin"}],"productsRelated":[{"id":"b88ed66c-9a4a-48c7-bad7-8216aeaad7b5","kind":"products","code":"UB-D6377","name":"Amoo","nameBasis":"original-brand","summary":"A personal agent launched by StepFun on 2026-10-13, debuting on the STEPX Neo agent smartphone","description":"A personal agent launched by StepFun on 2026-10-13, debuting on the STEPX Neo agent smartphone","country":null,"category":"Personal agents","originalName":"Amoo","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T12:00:19.466Z","englishUpdatedAt":"2026-10-15T21:18:31.079Z","reviewedAt":"2026-10-15T21:18:31.079Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"502322cba9a75c2c2cc99c1703c0408191837f9ac6314fea7da758123c979f69","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/amoo"},{"id":"ad99c67f-db20-4dbe-b063-386c5ee18cda","kind":"products","code":"UB-D953","name":"Jieyue AI","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"Chatbots","originalName":"阶跃AI","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T09:14:30.480Z","englishUpdatedAt":"2026-10-15T19:38:41.081Z","reviewedAt":"2026-10-15T19:38:41.081Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b3c3a9096b77d8a134f0e2b028902d61524fe6092e148bde0ebea084409bd678","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/jieyue-ai"},{"id":"8fab78b4-d2f6-4dd0-9d48-d597c69a4615","kind":"products","code":"UB-D954","name":"Maopaoya","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"AI companions","originalName":"冒泡鸭","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-11T18:07:17.601Z","englishUpdatedAt":"2026-10-15T19:38:41.052Z","reviewedAt":"2026-10-15T19:38:41.052Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e6f38646cbab7a2ab86cac64c2b1d408991e736b2ee6fb0ed85b55a7d4e2d145","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":"https://c.ux-cdn.com/1863156737900573-5aba7b40bf5e48ca8be5896e57b70eca/uniquebase%2Flogos%2Fproduct%2Frecuhg2EUy5Unf%2F74dff5ff748b74daff6627da9695ee7dbe093de60ec735d620b6af7edab3c245.png","path":"/products/maopaoya"},{"id":"2daa435d-55a9-4737-bab7-61e55af50b46","kind":"products","code":"UB-D1732","name":"Yuewen","nameBasis":"transliterated","summary":"Stepfun was founded in 2023/4.","description":"Stepfun was founded in 2023/4.","country":null,"category":"Chatbots","originalName":"跃问","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T18:00:13.637Z","englishUpdatedAt":"2026-10-15T19:38:40.950Z","reviewedAt":"2026-10-15T19:38:40.950Z","snapshotAt":"2026-10-15T18:31:08.813Z","sourceHash":"4736b6f1677e3eb70c4c957faaa5a3a5977700b2b79828927edbc31375161c22","companyId":"b88b34b9-20d2-4f42-b5e9-379abef6dee7","foundedYear":null,"logoUrl":null,"path":"/products/yuewen"}],"investors":[{"id":"53b8bbea-57c1-4fc4-aa07-170e7dc156e4","kind":"institutions","code":"UB-I235","name":"Qiming Venture Capital","nameBasis":"transliterated","summary":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","description":"A prominent Chinese venture capital firm focused on early- and growth-stage healthcare, technology, and consumer investments.","country":null,"category":null,"originalName":"启明创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.507Z","englishUpdatedAt":"2026-10-15T21:37:02.669Z","reviewedAt":"2026-10-15T21:37:02.669Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"91416aa941c85812e1db97ffa3575271ef78edc44c579f705171db1c1638f73d","companyId":null,"foundedYear":null,"logoUrl":null,"path":"/institutions/qiming-venture-capital"},{"id":"4df2023c-c1a5-4f63-bfe5-2b5683b130e8","kind":"institutions","code":"UB-I1096","name":"上海国投","nameBasis":"transliterated","summary":"Shanghai state-capital investment platform.","description":"Shanghai state-capital investment platform.","country":null,"category":null,"originalName":"上海国投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:04:23.103Z","englishUpdatedAt":"2026-10-15T19:52:23.008Z","reviewedAt":"2026-10-15T19:52:23.008Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"db18a6d487b892fe150d139e38dbf6a9b997de5eba4538ca150930f19549b2f1","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Shanghai Guotou","path":"/institutions/shanghai-guotou"},{"id":"7269d6a0-3074-4a08-a1b2-75f01579e06e","kind":"institutions","code":"UB-I3568","name":"中兴通讯","nameBasis":"transliterated","summary":"ZTE Corporation.","description":"ZTE Corporation.","country":null,"category":null,"originalName":"中兴通讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:06:26.134Z","englishUpdatedAt":"2026-10-15T19:36:23.562Z","reviewedAt":"2026-10-15T19:36:23.562Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5e6af11b9093d9ce7c4ec1cd188f0e47f3075502a9c11b568b188f7aad52964d","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongxingtongxun","path":"/institutions/zhongxingtongxun"},{"id":"9f44b101-28a4-4f80-aeba-30f6ff165469","kind":"institutions","code":"UB-I628","name":"中贝通信","nameBasis":"transliterated","summary":"Direct investment by the listed company Zhongbei Communications.","description":"Direct investment by the listed company Zhongbei Communications.","country":null,"category":null,"originalName":"中贝通信","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:27.432Z","englishUpdatedAt":"2026-10-15T20:13:55.951Z","reviewedAt":"2026-10-15T20:13:55.951Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"9c9acd160e1df6348850185e54824626f47ca1659e4c853e2d3c875b0dafa8cf","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Zhongbei Communications","path":"/institutions/zhongbei-communications"},{"id":"706a3bf2-cd5b-4210-90a3-531a362ca10a","kind":"institutions","code":"UB-I5634","name":"久奕投资","nameBasis":"transliterated","summary":"Jiuyi Investment, a venture capital firm focused on technology investments.","description":"Jiuyi Investment, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"久奕投资","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:18:21.936Z","englishUpdatedAt":"2026-10-15T17:35:39.196Z","reviewedAt":"2026-10-15T17:35:39.196Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5d8c894c45e472bd91b047d7231c9f7cecec7dc86fb78c97f4453fa89569a6ec","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Jiuyi Investment","path":"/institutions/jiuyi-investment"},{"id":"ff7d41a5-b7cd-44a1-a23b-bc9e082639a4","kind":"institutions","code":"UB-I016","name":"五源资本","nameBasis":"transliterated","summary":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","description":"A prominent venture capital firm, formerly Morningside Capital, covering technology, consumer businesses, and healthcare, with notable investments including XPeng, Kuaishou, and SenseTime.","country":null,"category":null,"originalName":"五源资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.242Z","englishUpdatedAt":"2026-10-15T21:43:23.741Z","reviewedAt":"2026-10-15T21:43:23.741Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"7368ba44c3815996c52f9d8d28ae59336c59aa7539208a5ef5949f6cc0f793e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Wuyuan Capital","path":"/institutions/wuyuan-capital"},{"id":"f5b9f9e3-42c3-4bbc-b22f-9f286cced752","kind":"institutions","code":"UB-I7904","name":"华勤技术","nameBasis":"transliterated","summary":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","description":"Huaqin Technology, a listed smart hardware ODM company making strategic investments.","country":null,"category":null,"originalName":"华勤技术","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T20:00:19.300Z","englishUpdatedAt":"2026-10-16T01:39:38.822Z","reviewedAt":"2026-10-16T01:39:38.822Z","snapshotAt":"2026-10-16T01:37:59.763Z","sourceHash":"8dc26219a1c38b332a4797676eb7d6faa69c7cacd887741b3975a9758f7dc6a5","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Huaqin Technology","path":"/institutions/UB-I7904"},{"id":"64ceee50-10d9-4e6b-bfac-319fb6c24995","kind":"institutions","code":"UB-I8923","name":"厦门国贸","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"厦门国贸","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.219Z","englishUpdatedAt":"2026-10-15T17:35:39.126Z","reviewedAt":"2026-10-15T17:35:39.126Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"6f6ed332592f37e76c434c9ffed20a175828fdc65f8dc7118e04feeb56861794","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xiamen Guomao","path":"/institutions/xiamen-guomao"},{"id":"d6b33bd1-d0f0-4b4f-9290-d85a6dee1390","kind":"institutions","code":"UB-I8941","name":"国寿股权","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"国寿股权","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:36:25.639Z","englishUpdatedAt":"2026-10-15T17:35:39.814Z","reviewedAt":"2026-10-15T17:35:39.814Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"9ed31108c9c94f4f55edccc02d96c9588a4ceae3ade81c15133c6219d0bc1e36","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Guoshouguquan","path":"/institutions/guoshouguquan"},{"id":"dcd008e5-fb9f-40b0-bd64-d4562957642a","kind":"institutions","code":"UB-I1840","name":"徐汇资本","nameBasis":"transliterated","summary":"Shanghai Xuhui District state-owned investment platform.","description":"Shanghai Xuhui District state-owned investment platform.","country":null,"category":null,"originalName":"徐汇资本","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:56:24.027Z","englishUpdatedAt":"2026-10-15T19:58:05.208Z","reviewedAt":"2026-10-15T19:58:05.208Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"c6e70a78d7cbdb79aee40cae4ead79166183e118643a8d4fbafbe71a1d90db22","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Xuhui Capital","path":"/institutions/xuhui-capital"},{"id":"ce70fb90-708b-4ed9-b889-b5218ee190d6","kind":"institutions","code":"UB-I8066","name":"梁创投","nameBasis":"transliterated","summary":"Liang Venture Capital, a venture capital firm focused on technology investments.","description":"Liang Venture Capital, a venture capital firm focused on technology investments.","country":null,"category":null,"originalName":"梁创投","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:24:22.957Z","englishUpdatedAt":"2026-10-15T17:35:39.767Z","reviewedAt":"2026-10-15T17:35:39.767Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"569478183d81595377c4ad934d368ed3868f928b19811d2d80e54f13fe9b2422","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Liang Venture Capital","path":"/institutions/liang-venture-capital"},{"id":"03efbee3-8a61-49c4-a450-f285004a3ebd","kind":"institutions","code":"UB-I3789","name":"浦东创投集团","nameBasis":"transliterated","summary":"Shanghai Pudong state-capital-backed venture capital group.","description":"Shanghai Pudong state-capital-backed venture capital group.","country":null,"category":null,"originalName":"浦东创投集团","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:10:25.334Z","englishUpdatedAt":"2026-10-15T20:13:55.766Z","reviewedAt":"2026-10-15T20:13:55.766Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b73c37e07c192fb91af6875df7120ddffc5ac0072cf48e34bbeb695ba06ef6e0","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Pudong Venture Capital Group","path":"/institutions/pudong-venture-capital-group"},{"id":"0efe15a9-6240-420a-a4b9-7e71e69e7814","kind":"institutions","code":"UB-I5328","name":"港投公司","nameBasis":"transliterated","summary":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","description":"Gangtougongsi is a Chinese venture capital firm, specializing in equity investment in seed- to growth-stage technology startups.","country":null,"category":null,"originalName":"港投公司","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:56:24.915Z","englishUpdatedAt":"2026-10-15T18:26:24.705Z","reviewedAt":"2026-10-15T18:26:24.705Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"46422e47f2fd6f86066c410fd21b5f4f0b63b757c76cc73f20a712c56f8ba2be","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Gangtougongsi","path":"/institutions/gangtougongsi"},{"id":"e304a78f-9d13-4e97-814b-98df6ba8e427","kind":"institutions","code":"UB-I3911","name":"米奥会展","nameBasis":"transliterated","summary":"Hangzhou Miorante exhibition company, making strategic investments.","description":"Hangzhou Miorante exhibition company, making strategic investments.","country":null,"category":null,"originalName":"米奥会展","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:12:23.605Z","englishUpdatedAt":"2026-10-15T20:40:58.237Z","reviewedAt":"2026-10-15T20:40:58.237Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"e4178b04e01754128e390f382718b3492777cd65e11aaa25d107eb9d3483585f","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Miaohuizhan","path":"/institutions/miaohuizhan"},{"id":"f1614a49-219f-4edd-b8b1-087d4395713e","kind":"institutions","code":"UB-I003","name":"腾讯","nameBasis":"transliterated","summary":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","description":"An investment entity under Tencent Group and one of China's most active corporate venture capital investors. Its investments cover gaming, social networking, financial technology, enterprise services, and AI, with notable investments including Meituan, Pinduoduo, Didi, and Kuaishou.","country":null,"category":null,"originalName":"腾讯","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T10:54:24.019Z","englishUpdatedAt":"2026-10-15T21:44:38.281Z","reviewedAt":"2026-10-15T21:44:38.281Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"5578fedbec66163b13fd3272bb16afc9bfea364ba20c66d40a37904d9882bace","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Tengxun","path":"/institutions/tengxun"},{"id":"53fa3412-80c5-4c51-9fbe-d50ba2f3fd05","kind":"institutions","code":"UB-I8802","name":"韦尔股份","nameBasis":"transliterated","summary":"","description":"","country":null,"category":null,"originalName":"韦尔股份","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T15:34:21.037Z","englishUpdatedAt":"2026-10-15T17:35:39.018Z","reviewedAt":"2026-10-15T17:35:39.018Z","snapshotAt":"2026-10-15T16:06:35.585Z","sourceHash":"bc8451df4862434b4a54c96c898be758acc186512fba03bd1e4e772274a4f50e","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Weiergufen","path":"/institutions/weiergufen"},{"id":"74968f17-331e-437d-97d3-b56d47aa4588","kind":"institutions","code":"UB-I4744","name":"龙旗科技","nameBasis":"transliterated","summary":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","description":"Longqi Technology is a Chinese corporate capital investment entity, specializing in investment in innovative companies.","country":null,"category":null,"originalName":"龙旗科技","eventDate":null,"website":null,"sourceUpdatedAt":"2026-10-15T11:34:21.263Z","englishUpdatedAt":"2026-10-15T18:43:03.672Z","reviewedAt":"2026-10-15T18:43:03.672Z","snapshotAt":"2026-10-15T14:23:27.067Z","sourceHash":"b1e09577099727585318554e28cc0e891b5cf50f3e2906c53c12d8f6ca37c361","companyId":null,"foundedYear":null,"logoUrl":null,"nameLang":"zh","transliteratedName":"Longqi Technology","path":"/institutions/longqi-technology"}],"path":"/companies/jieyuexingchen","structured":{"city":"Shanghai","country":"China","location":null,"role":null,"category":null,"company":null},"definition":"Stepfun is a company in the LLMs sector headquartered in Shanghai, China, founded in 2023.","summaryBasis":"translated","thin":false,"canonical":"https://uniquebase.ai/companies/jieyuexingchen"}