Kujiale
酷家乐
Kujiale (酷家乐) is the domestic brand of Qunhe Technology (群核科技), a cloud-based 3D design platform for home furnishing and interior design . The company built its position on proprietary cloud rendering technology, starting from rapid generation of design renderings and expanding into a full-chain, full-space ecosystem serving designers, businesses, and end consumers . Yunqi Capital, an early investor, described it as having achieved "110% NRR" through heavy investment in customer success—embedding teams inside client operations to drive measurable business outcomes rather than just product usage .
The company has pushed into AI-generated design since at least 2018, and by late 2023 had publicly launched an AI product matrix including a spatial vision large model that had reportedly helped generate 4.6 billion renderings . Its international expansion began around 2018–2019 under the brand Coohom, entering first in South Korea before moving to Europe, the US, and Southeast Asia; founder Huang Xiaohuang noted the company adopted a freemium, online-only model for the US market given skepticism toward Chinese cloud software, while leveraging replicable domestic experience in Southeast Asia's manufacturing-linked markets . As of mid-2024, Coohom was recognized in G2's summer report with 25 badges including "Leader" positions in visual configuration, 3D rendering, and 3D modeling .
Linear Capital and Yunqi Capital both identified Kujiale as among their early bets, with Linear listing it alongside companies valued above $1 billion in portfolio materials from 2022–2024 .
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Coverage
Yunqi Capital Portfolio Company Manycore Tech Lists on Hong Kong Stock Exchange: From First Institutional Investment to the IPO Bell
13 Years Alongside a Peer, Witnessing the Birth of "The World's First Spatial Intelligence Stock"
云启资本·A Conversation with Manycore's Huang Xiaohuang: Fifteen Years as a Founder, Still a Youngster at Heart
A story about trust, growth, and mutual success.
线性资本·After 13 Years, Manycore Tech Clears Hong Kong Stock Exchange Listing Hearing | Qixing Chronicles
Set to become the "world's first publicly traded spatial intelligence company"
云启资本·"Manycore Tech" Clears Hong Kong Stock Exchange Listing Hearing, Linear Capital Is Earliest Angel Investor | Linear Portfolio
Will become the earliest listed company among Hangzhou's "Six Little Dragons."
线性资本·Three "Tech Guys" Valentine's Day Gift: Early-Stage Portfolio Company Manycore Tech Completes Filing for Hong Kong IPO | Yunqi Capital
Race to become the "first global spatial intelligence stock"
云启资本·Getting the Spatial Intelligence Flywheel Spinning: Manycore Tech Drops Major New Release | Yunqi Capital
**One-sentence space redesign? AI's generative capabilities keep pushing the boundaries of what's imaginable.**
云启资本·Going Global 101: New Strategies and New Challenges — A Conversation with Four Founders | Yunqi Capital's Doers Series
Chatting with PingCAP, Manycore Tech, XTransfer, and WorldEx
云启资本·Before Sora, Had AI Already Achieved "Physical World Simulation Freedom"? | Yunqi Tech π
Pushing Open the Door to Physical AI
云启资本·Linear Capital will host an exchange event in Munich this April with the University of Chinese Academy of Sciences (UCAS) and the China University of Science and Technology (USTC) Munich Alumni Associations, with a focus on frontier technologies.
Last spring, Linear Capital visited top European universities, toured three major robotics labs, and other important innovation platforms. We not only experienced firsthand the research and frontier technologies of countries like the UK, France, and Germany, but also had extensive exchanges and preliminary discussions with local student organizations and entrepreneurs. In 2024, we will deepen our engagement with European university organizations, alumni associations, and entrepreneurship clubs through richer formats and more exchanges. **In mid-April, the Linear Capital investment team**
线性资本·"Cloud News · Business Chalkboard" — First Issue Now Live! Ten Tech Industry Developments Worth Watching
Ignite curiosity and seek answers this summer.
云启资本·Linear Capital is now recruiting for its new overseas internship program!
We focus on early-stage ventures driven by innovative technology, striving to be the investors who best understand technology and the future, while also being lovable geeks with both business acumen and strategic thinking! **Job Description:** 1. Identify entrepreneurs or potential entrepreneurs in frontier technology sectors; collect information and data on frontier technology industries and emerging technologies 2. Explore new investment directions, conduct detailed mapping of new sub-sectors, and build deep expertise 3.
线性资本·Linear Capital AIGC Tech Salon Recap: AIGC Is Evolving by the Day — Has the Nature of Technology Changed?
At the end of May, Linear Capital co-hosted an AIGC tech salon in Hangzhou with portfolio company Manycore Tech. The event drew an overwhelming number of registrants — our thanks to everyone who signed up. The session ran for roughly three hours. Zeren Bai, Vice President of Investment at Linear Capital, kicked things off with an introduction to the firm, its investment focus, and standout portfolio companies, before diving into Linear Capital's existing AIGC investments and strategic approach to the sector.
线性资本·Linear Capital partner Songyan Huang has once again been named to 36Kr's "36 Under 36" list of outstanding investors.
Multiple founders from Linear Capital's portfolio have been selected for the 36Under36 entrepreneurs list.
线性资本·How Did "Kujiale" Become a "Hidden Champion" in SaaS with 110% NRR? | Yunqi Technology
Good Company or Bad Company? Look at NRR, the Gold Standard
云启资本·Linear Capital Perspectives | Rather Than Trends or Windfalls, We Focus on Whether Frontier Technology Can Deliver 10x or 100x Efficiency Gains for Industries
Last week, at the "16th China Investment Annual Conference & Annual Summit" hosted by ChinaVenture, Harry Wang, CEO and Partner of Linear Capital, joined a panel discussion on "China's Digital-Intelligent Transformation and Industrial Restructuring" and shared Linear Capital's perspective on the topic.
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