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StepFun

Xuhui, CN · ~200 employees · Information · Crunchbase rank #484 · stepfun.com

StepFun is an artificial intelligence technology company that develops large language models and multimodal AI systems designed to process and generate text, images, and video across a range of applications. The company’s platform integrates proprietary foundational models, including models optimized for language generation, vision tasks, and multimodal interaction, enabling teams to build AI-enhanced solutions for creative generation, document analysis, and complex reasoning workflows. StepFun’s tools support developers and researchers in embedding advanced AI capabilities into applications that require natural language understanding, image and video interpretation, and cross-modal content synthesis. The company collaborates with technology partners and enterprises to advance AI model development, open-source releases, and integration into larger digital systems. Its offerings include APIs and frameworks that help technical users leverage large models for tasks such as content generation, summary extraction, and multimedia processing.

Funding

2
Every round, secondary, debt facility or acquisition involving StepFun that AI Lounge tracks, newest first. Latest: Venture round on May 8, 2026.
StepFun logo
Investors not disclosed · Natural Language Processing
$718M

Timeline · 4

May 8, 2026
Deal
Jan 26, 2026
Round
Jan 26, 2026
Deal

In the news

2
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