StepFun raises $718M Series B
StepFun: Develops multimodal foundation models and AI assistants integrated into phones and other devices.
- Round
- Series B
- Amount
- $718M (CN¥5B)
- Announced
- Lead investors
- Not disclosed
- Also investing
- Shanghai SDIC Leading Fund, China Life Private Equity Investment, Pudong Venture Capital, Xuhui Capital, Wuxi Liangxi Fund, Xiamen ITG Group, Huaqin Technology, Tencent, Qiming Venture Partners, 5Y Capital
- Headquarters
- Shanghai, China
More: StepFun funding history · rounds in January 2026 · rounds in China
Other StepFun rounds
- StepFun raises $2.5B, . AI models. Develops multimodal foundation models and AI assistants integrated into phones and other devices.