# Enflame: valuation, funding, and the secondary tape

## The short version

- No priced instruments on record yet; milestones only.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | n/a |  | graph |


## Recent milestones

- 2026-09-02 - [Enflame (燧原科技, last of the four little dragons) IPO priced ¥142.18 raising ~¥6.12B (~US$908M) at ~¥61.2B (~US$9B) implied; online tranche 6,](https://www.reuters.com/world/china/tencent-backed-enflame-ipo-draws-6109-times-online-demand-2026-09-02/)

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*