Jieyue Xingchen completed over 5 billion yuan in Series B+ financing, the highest single financing amount for domestic large models within a year
Jieyue Xingchen completed over 5 billion yuan in Series B+ financing, setting a record for the highest single financing amount in China's large model sector in the past 12 months. Participating investors include the State Investment Venture Capital Fund, China Life Equity, and Pudong Venture Capital, while existing shareholders such as Tencent, Qiming, and Wuyuan also participated in the follow-on investment
StepFun has completed over 5 billion yuan in Series B+ financing, setting a record for the highest single financing amount in China's large model sector in the past 12 months. The participating institutions include the State Investment Venture Capital Fund, China Life Equity, Pudong Venture Capital, Xuhui Capital, Wuxi Liangxi Fund, Xiamen International Trade, and Huqin Technology, among other industry investors, with existing shareholders Tencent, Qiming, and Wuyuan further participating in the investment.
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