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StepFun

Chinese developer of AI models

On the AI Entanglements web · 5 dealsNot held by any fund on Market Watch

StepFunTencentHuaqin TechnologyChina Life InsuranceShanghai State-owned Capital InvestmentXiamen ITG GroupTencentHuaqin TechnologyChina Life Insur…Shanghai State-o…Xiamen ITG GroupStepFun

Invests in or lends toBuysSuppliesRents computing fromPowers or builds for

  1. Jan. 26, 2026StepFun raised more than 5 billion yuan ($717 million) in a Series B+ round from Shanghai State-owned Capital Investment, China Life Insurance, Tencent, Huaqin Technology and Xiamen ITG Group

For informational purposes only. Not financial advice.