5Y News | GPU chip design company Moore Threads raises billions of yuan in funding within 100 days of founding
Building China's computing acceleration platform.
One hundred days since founding, two funding rounds, billions of RMB — GPU unicorn Moore Threads made a splash right as the Year of the Ox began.
The just-completed Pre-A round was co-led by Shenzhen Capital Group, GGV Capital, and HSG, with joint participation from China Merchants Venture Capital, ByteDance, Pony.ai, Ronghui Capital, Oceanpine Capital, Wenming Investment, First Capital, 5Y Capital, Het Technology, Minghao Capital, and others (in no particular order). Yunxi Capital served as exclusive financial advisor. The raised capital will fund technology R&D, early market expansion, and subsequent product development.
Founded in October 2020, Moore Threads is dedicated to building China's visual computing and AI computing platform, developing world-leading, independently innovated GPU intellectual property, and helping China establish a domestic high-performance computing ecosystem.
Moore Threads is the only truly world-class team in China capable of covering the complete GPU architecture — from R&D and design to manufacturing, sales, and service support. Its key members have extensive experience in mass-producing multiple generations of GPU chips across various process nodes, with deep familiarity across every quality management stage: chip design, production, packaging, testing, systems, and software applications. The team has assembled top global GPU talent, with core members primarily from NVIDIA, alongside key hires from the core R&D and product teams at Microsoft, Intel, AMD, and ARM.
The founder has spent over 15 years in the industry, having successfully led a top global chip company to build a complete GPU ecosystem in China and establish the Chinese market as that company's most important globally. This has not only allowed Moore Threads to assemble elite GPU R&D talent, but also given it an unmatched natural advantage in GPU-related system software developers and core ecosystem partners across key industries.
As a general-purpose platform for visual computing and AI computing, the GPU commands vast market potential beyond imagination. It represents an essential technological high ground on China's fast track of tech development, and will become the core "chip" driving intelligent transformation across industries. Beyond handling graphics processing for PCs, servers, and mobile devices, the GPU has gained massive application space in scientific computing, autonomous driving, intelligent analytics, cryptography, image recognition, big data, financial trading, and other mainstream cloud and edge computing domains — all thanks to the arrival of the AI era.
Moore Threads possesses a world-class advanced computing architecture design team, committed to original, independently developed GPU chips, building China's computing acceleration platform, serving modern application scenarios, and providing powerful computing acceleration capabilities for domestic Chinese tech ecosystem partners.
5Y Capital (formerly Morningside Venture Capital) currently manages approximately $3 billion across USD and RMB dual-currency funds. We believe the world becomes a better place when the "crazy" you that others see starts to be believed.
BEIJING · SHANGHAI · SHENZHEN · HONG KONG
