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Latest news, updates, and announcements from Stepfun.
FundingApr 14, 2026
StepFun, backed by state capital and Tencent, is dismantling its Cayman‑based red‑chip structure to...
StepFun, backed by state capital and Tencent, is dismantling its Cayman‑based red‑chip structure to meet new CSRC guidance and clear the path for a Hong Kong IPO slated for June. The company aims to r...
FundingJan 27, 2026
StepFun has secured 717 million USD in Series B+ funding, surpassing the recent Hong Kong IPO procee...
StepFun has secured 717 million USD in Series B+ funding, surpassing the recent Hong Kong IPO proceeds of rivals Zhipu AI and MiniMax. This 5 billion yuan round marks a strategic shift toward deep har...