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Stepfunction Star plans to list on the Hong Kong Stock Exchange this year and is expected to become China's third AI large model company
2 day ago /
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Author：小编
According to Caijing, AI unicorn Stepfunction Star is undergoing a new round of Pre-IPO financing, which will be settled in two stages. The pre-investment valuation for the first stage is approximately US$4 billion, with plans to raise RMB 2-3 billion in financing. It has been confirmed that an operator will lead the investment with approximately RMB 1.2 billion, with other existing shareholders following suit. The financing is expected to be completed by March 6th. The pre-investment valuation for the second stage is US$5-6 billion, with settlement planned for mid-to-late April.
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