StepFun
Foundation model labs · CN
StepFun was valued at $10B as of 9 May 2026 (reported). Source: Yicai, $2.5B pre-IPO round closed at $10B post-money (May 2026); HK IPO filed Jun 2026 seeking $10-12B, not yet listed.
Shanghai lab; 16 multimodal models, strong KV-cache efficiency work.
- Valuation
- $10B
- Confidence
- reported
- As of
- 9 May 2026
- Layer
- Foundation model labs
- Signal
- multimodal · CN
- Website
- stepfun.com
Relationships (1)
Valuation history on the map
| Date | Mark | Change |
|---|---|---|
| 10 August 2026 | $10B | +100.0% |
| 27 July 2026 | $5B |
Daily snapshots began 27 July 2026. Public companies move with the market every weekday.
Sources
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Last updated 10 August 2026. Follow StepFun in any feed reader to hear when its valuation moves.
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