AITechNode5 months ago
StepFun raises over $718 million in B+ round
1 min read
Shanghai AI startup StepFun completed a B+ round exceeding RMB 5 billion ($718 million), the largest single financing in China's large-model sector in 12 months. Investors included Shanghai SDIC Leading Fund, Tencent Holdings, Qiming Venture Partners, and 5Y Capital. The funding will support further development.
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