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Company news and developments, with original sources and dates.
Updated from source
Funding RSS ↗Stepfun raises RMB 150 million in equity financing
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.
Stepfun raises USD 2.5 billion in equity financing
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.
Stepfun raises RMB 5 billion in Series B+ financing
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.
Stepfun completes strategic financing
Brief not available.
Stepfun raises hundreds of millions of USD in Series B financing
Brief not available.