Graphics chip developers attract strong investment in China

Moore Threads raises several hundred million dollars within 100 days of founding

Moore Threads has built platforms for vision computing and artificial intelligence and is developing GPU-related intellectual properties on its own. (Photo courtesy of Tuchong.com)

QIAO YUMENG, 36Kr

March 20, 2021 10:06 JST

BEIJING -- Moore Threads, a Chinese graphics processing unit developer, has raised several billion yuan (several hundred million dollars) in two funding rounds within only 100 days of its establishment, according to sources.

The investment in Moore Threads was jointly led by Shenzhen Capital Group, Sequoia Capital and GGC Capital.