StepFun funding
Develops multimodal foundation models and AI assistants integrated into phones and other devices. Headquarters: Shanghai, China. Website: stepfun.com.
Funding rounds
- StepFun raises $2.5B, . AI models. Develops multimodal foundation models and AI assistants integrated into phones and other devices.
- StepFun raises $718M Series B, . AI models. Develops multimodal foundation models and AI assistants integrated into phones and other devices.
Questions
How much has StepFun raised?
StepFun has raised $3.2B in the 2 rounds Funding tracks, most recently a Undisclosed announced May 9, 2026.
What is StepFun's valuation?
No valuation has been reported for StepFun's tracked rounds.
Who invests in StepFun?
Tencent, Qiming Venture Partners, 5Y Capital, Shanghai SDIC Leading Fund, China Life Private Equity Investment, Pudong Venture Capital, Xuhui Capital, Wuxi Liangxi Fund, Xiamen ITG Group, Huaqin Technology.