Another domestic GPU company is preparing for listing!

Latest update time：2024-11-11

Reads：

According to the latest query of the National Enterprise Credit Information Publicity System, the market entity type of Moore Thread Intelligent Technology (Beijing) Co., Ltd. (hereinafter referred to as "Moore Thread") was changed from other limited liability companies to other joint-stock companies (non-listed) on October 28, and the company's registered capital increased from 24.4132 million yuan to 330 million yuan.

This means that Moore Threads has completed its share reform and is preparing for its listing.

Founded in 2020, Moore's Threads is a high-tech integrated circuit company that focuses on full-function GPU chip design. It can provide powerful computing acceleration capabilities to a wide range of technology ecosystem partners and is committed to building a meta-computing platform that provides diversified computing power for the next generation of the Internet.

According to Qichacha, Moore Thread has completed five rounds of financing since its establishment, with a total financing amount of tens of billions of yuan. Investors include China Mobile Digital New Economy Industry Fund, Harmony Health Insurance, Dianshi Capital, Shanghai Guosheng Capital, 5Y Capital, Bohai Zhongsheng Fund under BOC International, CCB International, Qianhai Mother Fund, China Merchants Securities, Hubei High-quality Development Industry Fund, Shenzhen Capital Group, Sequoia Capital China Fund, GGV Capital, etc. When the 1.5 billion yuan B round of financing was completed in December 2022, Moore Thread's valuation had reached 24 billion yuan, making it one of the unicorn companies.

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