Moore Thread, a domestic GPU design company, received billions of yuan in financing, just 100 days after its establishment

On February 25, Moore's Threads, a domestic GPU chip design company, announced that it had received two rounds of financing totaling tens of billions of yuan, led by Shenzhen Capital Group, Sequoia Capital China, and GGV Capital.

It is understood that the Pre-A round of financing just completed was jointly led by Shenzhen Capital Group, Sequoia Capital China Fund, and GGV Capital, and jointly invested by China Merchants Venture Capital, ByteDance, Pony.ai, Ronghui Capital, Oceanpine Capital, Wenming Investment, First Capital, 5Y Capital, HeRuiTai, and Minghao (in no particular order). The funds raised will be used to promote technology research and development, early market expansion, and subsequent product development.

Public information shows that Moore Threads was established in October 2020 and is committed to building a computing platform in China's visual computing and artificial intelligence fields, developing world-leading independent innovative GPU intellectual property, and helping China establish a local high-performance computing ecosystem.

Moore Threads is the only truly world-class mature team in China that can cover the complete architecture of GPU R&D design, manufacturing, marketing, service support, etc. The main members have rich experience in large-scale mass production of multiple GPU chips and multiple generations of processes, and are familiar with all aspects of quality management such as GPU chip design, production, packaging, testing, systems, and software applications. The team gathers the world's top GPU talents, and the core members are mainly from NVIDIA. At the same time, it has attracted the core forces of R&D and product teams of major technology companies such as Microsoft, Intel, AMD, and ARM to join.