Manycore Tech
群核科技
Manycore Tech is the company behind Kujiale (known internationally as Coohom), a home-design platform described by Linear Capital as holding "an absolute market advantage" in home/interior design . Co-founded and chaired by Xiaohuang Huang , the company counted Linear Capital among its earliest investors , and was already valued above US$1 billion by 2022 . That's about as deep as elsewhere's corpus goes — the material here is mostly Linear Capital's own references to its portfolio rather than dedicated coverage of the company itself.
AI-generated — may contain errors, please verify.
Coverage
Vol.19 Scaling Isn't Just About Stacking Data: Three Embodied AI Founders on World Models, Talent, and Real-World Deployment
The Start of Autumn — Wanwu Awaits the Harvest | Linear Quarterly
Spring sows, summer grows — the answer is on its way.
Yunqi Capital Quarterly Q2 | In the Height of Summer, the Future Takes on More Concrete Shapes
A Quick Update on Yunqi Capital
At the Tail End of WAIC, Archiving a Tech Summer of Storms and Spectatorship | Linear News
Those moments that happened inside and outside the exhibition hall.
Yunqi Capital WAIC Recap | Four Days That Weren't Enough, and Where AI Is Headed Next
The future belongs to the doers.
Please find attached: Yunqi Capital's WAIC 2026 Roaming Guide
Browsing exhibitions by day, hitting up events by night.
Deep Dive into Open-Source Commercialization: AI Is Rewriting the Value Logic | Yunqi Insights
Co-published the open source report for four consecutive years
Vol.17 48-Hour Xiaohongshu Hackathon Hit: How an AI Native Product Broke the 'Retention Curse'
14 Fragments, 14 Years of Investment Thinking | Linear View
Some things can't be measured by ROI.
Browse 3D Worlds Like Scrolling Videos: Manycore Tech Open-Sources Aholo Viewer | Yunqi Partners
Click a link and "step into" a 3D world.
After the Start of Summer, Growing Without Reserve | Linear Quarterly
Abundant sunshine, lush growth.
Vol.16 Tsinghua Entrepreneur-Scientist Huazhe Xu: From Intelligent "Hatching" to Home Embodiment, Stubbornly Chasing Originality in the AI Wave
Yunqi Capital Ranks Top 4 in ChinaVenture Honors: Grounded in AI's Core Narrative, Envisioning a New Era of Technology | Yunqi Bulletin
Building a Bright Future Through Technology and Innovation
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"
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.
Linear Capital's first video podcast, "Between the Lines," is launching soon.
Launching across all platforms on April 17.
Yunqi Capital Quarterly Q1 | Keep Moving Forward, Answers Lie Ahead
A Quick Look at Yunqi Capital's Latest
Vol.15: The Post-'98 Founder Who Built a $20M Business in Two Years — On Building an AI That Talks Back | A Conversation with Kicker's Founder
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"
"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."
Draw a New Year's fortune on New Year's Eve — Linear Capital is "adding to it right away"
Sending Lunar New Year wishes with limited-edition red envelopes and exclusive stickers 🧧
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"
Spring has arrived — can blossoms be far behind? | Linear Quarterly
Rather than waiting for spring, define it.
Congratulations to Yunqi Capital portfolio company *MiniMax* on its successful listing on the Hong Kong Stock Exchange! | Yunqi Capital
Never Stop Moving, Witnessing Growth
Linear Voice: 2025 in the Linear Capital Network
Those real and important moments.
Congratulations to JD Industrials on Its Successful Hong Kong Stock Exchange Listing | Yunqi Capital
Technology-enabled, with a promising future ahead.
The "Pick-and-Shovel" Play for Spatial Intelligence: Manycore Tech Opens Its Spatial Foundation Layer to All | Yunqi Capital
Being the "Pick-and-Shovel Play" for the Spatial Intelligence Era
Yunqi Capital Quarterly | Upward, the Consistent Answer
New Growth, New Gains
Before the Start of Winter, Building Inner Strength | Linear Quarterly
Fearless through the winter, growing inward.
On Y Transformers, We Spent 20 Questions with Crossroads You Care About | Please Answer 1998
Not Just Investing in People, But Recruiting Them Too
Yunqi Capital Searches for "Post-'98" AI Founders: Faster, Lighter, More AI-Native
Yunqi Capital set aside a dedicated fund, targeting AI founders born after 1998.
Code Brain | In Hangzhou, Witnessing the Rise of China's Smart Manufacturing and AI Enterprises
On September 23, Source Code Capital led more than 20 founders, CEOs, co-founders, and senior executives from its portfolio companies on visits in Hangzhou to Geely, Alibaba Cloud, and Manycore Tech — representatives of smart manufacturing and AI industries.
Rejecting all things conventional, this is how we chose to express our new website | Linear News
It’s more than a UI refresh — it’s a whole new expression of investment philosophy.
Linear Capital's 11th Anniversary: A Frontier Tech Fund's Retrospective and Future Journey
Our core investment philosophy is to see technical founders as ourselves.
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.**
Livestream Registration | Yunqi Capital x SEE Fund: World Robot Congress Themed Event — See You Tomorrow
On August 8, the **2025 World Robot Conference (WRC)** opened in Beijing Economic-Technological Development Area. As one of the largest and most influential events in the global robotics sector, this year's WRC is themed "Making Robots Smarter, Making Embodied Intelligence More Intelligent," bringing together **over 1,500 exhibits from more than 200 domestic and international robotics companies**, including 100 new products making their debut.
Opening Today: A Complete Guide to Yunqi Capital's Embodied Intelligence Portfolio | Yunqi Capital x World Robot Conference
A User-Friendly Guide to Robot "Face Blindness"
The First Newsletter of Autumn | Linear Quarterly
Cycles turn, and Wanwu Capital begins to harvest.
Livestream Countdown | Yunqi Capital x SEE Fund: World Robot Congress Special Event — See You in 2 Days
From August 8 to 12, the **2025 World Robot Conference (WRC)** will be held at Beijing Economic-Technological Development Area. As one of the largest and most influential events in the global robotics sector, this year's WRC will take "Making Robots Smarter, Making Embodied Intelligence More Intelligent" as its theme, bringing together **over 1,500 exhibits from more than 200 domestic and international robotics companies**, including 100 new products that will make their debut.
Yunqi Family at WAIC: New Products, New Trends, New Connections — All in One Place | Yunqi Capital x World Artificial Intelligence Conference
Models Get Smarter, Agents Work Harder, Robots Stay Busier
Expo Hopping and Gossip: Fresh Dispatches on Linear Capital From Inside and Outside WAIC | Linear News
At the singularity of thought, the future is compiling itself.
WAIC Observations: Spatial Intelligence in Rough Seas, Everyone Is Looking for the Same Thing
There's a kind of AI that can preserve love.
WAIC Opens Today, Yunqi Capital Lineup Is Ready | Yunqi Capital x World Artificial Intelligence Conference
This schedule is worth bookmarking.
Restoring Half a Century of Memories with 3D Gaussian Splatting: How They Preserved an Old Photo Studio | Linear Portfolio
A warm story about farewells, legacy, and digital rebirth.
Yunqi Capital x OpenAtom Foundation *China Open Source Development Deep-Dive Report* Officially Released
What's Next for Open Source
Come to AGI Bar and Hang with the Open-Source Crowd | Attent!on Onsite: Open-Source AI Night Talk
Drink the froth, talk some real stuff 🍻
Walking Through the Heat, Gathering Along the Way | Yunqi Capital Quarterly
Yunqi Capital Q2 Good News
Manycore Tech CEO Hang Chen: When Chinese AI Meets the Global Market — Manycore Tech's Overseas Expansion | Yunqi Capital Doers Series
At a time when "going global" has become a core growth strategy for tech companies, challenges like **"overseas launch," "localization,"** and **"sustainable growth"** strike directly at the pain points of business expansion.
Manycore Tech's Huang Xiaohuang: The "Hammer" and the "Stars" of 14 Years Building a Company | Yunqi Capital Doers
From GPU Rendering to Spatial Intelligence
Leaving NVIDIA in 2011: A Straight-Shooting Technologist's 14 Years of Entrepreneurial Reflections | Linear Voice
Innovation is, at times, like a genetic mutation of human intellect.
Qiming Star | Hesai Technology's David Li: Focus on In-House High-Performance Products and Continuously Improve Operational Efficiency
Each generation of products demands radical innovation and heavy upfront investment to strike a balance between lower costs and high performance.
A Conversation with Hangzhou Capital's Sun Gangfeng: The Key to Patient Capital Is Attitude, Not Time
The Unvarnished Truth from the Hottest State-Backed Fund of the Year
Yunqi Capital x Tsinghua University E.E. | Exploring Embodied Intelligence in the Greater Bay Area
➤➤ On May 25, 2025, **"Tsinghua EEA · Industry Connect Afternoon Tea #012 — Exploring Embodied Intelligence in the Greater Bay Area"**, co-organized by Yunqi Capital, successfully concluded in Shenzhen. The event was hosted by the Tsinghua University Alumni Association Electronic Engineering Department Branch, the International Center for Advanced Technology Application Promotion (Shenzhen), and the Shenzhen Tsinghua University Alumni Association Electronic Engineering Department Branch. **Over 40 Tsinghua EEA alumni** deeply involved in embodied intelligence gathered in Shenzhen.
JPMorgan Chase Global China Summit: Linear Capital's Voice on AI and AR | Linear Portfolio
The next step for AI is to achieve deep integration with the physical world.
Investing in people, hiring people too — we're looking for you | Yunqi AI Talent Call
Welcome to the chat.
Yunqi Capital Partners with Shanghai Jiao Tong University to Launch AI Angel Fund, Offering Full-Stack Support for Entrepreneurs
Safeguarding AI Innovation
Yunqi Capital Named to ChinaVenture's "Top 10 Best Early-Stage VC Firms in China" for Fifth Consecutive Year, Portfolio Companies Win Eight Honors | Yunqi Capital News
Moving forward together — thanks for the recognition.
Yunqi Capital Quarterly | Spring Winds Ask Nothing of the Traveler; We Chart Our Own Course
A Closer Look at Yunqi Capital's Recent Moves
Yunqi Capital Portfolio x GTC 2025: Spatial Intelligence, RoadAGI — What New Moves Are the Unicorns Pulling? | Yunqi Capital
Let AI Connect to the Physical World
Yunqi Capital Portfolio Company Zhaogang Group Successfully Lists on Hong Kong Stock Exchange | Yunqi Capital
On March 10, **Zhaogang Group**, a Yunqi Capital portfolio company and operator of China's largest steel e-commerce platform, officially began trading on the Main Board of the Hong Kong Stock Exchange under **ticker symbol 06676**, marking Hong Kong's second-ever De-SPAC transaction.
The Only Funding Round Mixue Bingcheng Ever Took: The Fortune of Being Chosen
"Different Money"
Mao Chengyu, Yunqi Capital: DeepSeek Accelerates AI Application Adoption — Where to Invest in AI in 2025? | Partners' Perspectives
More Challenges, More Possibilities
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
Before Sora, Had AI Already Achieved "Physical World Simulation Freedom"? | Yunqi Tech π
Pushing Open the Door to Physical AI
Linear Capital held its annual USD investor conference, while its angel-round portfolio company Horizon Robotics listed on the main board of the Hong Kong Stock Exchange.
Playing with Fire
Ten Notable Tech Industry Developments to Watch | "Cloud News · Business Bulletin Board 2023.8–9"
Key updates on technology and industrial innovation
AGI in Practice: Summer Results, Diverse Ecosystems, and Frontier Insights | Yunqi Capital Quarterly · Summer
Large language models have been integrated across thousands of industries, and a new ecosystem is flourishing.
Ten Tech Industry Developments Worth Watching | "Cloud News · Business Bulletin Board"
Innovation in science and technology, and the incremental progress of industrial development, are driving improvements in the quality and efficiency of both production and daily life.
Manycore Tech Unveils "Kujiale AI," Cloud Design Sector's First Self-Developed AI Model | Cloud News · AGI Product Suite Update
The First AIGC Product in the 3D Cloud Design Space Built on a Self-Developed AI Model
"Cloud News · Business Chalkboard" — First Issue Now Live! Ten Tech Industry Developments Worth Watching
Ignite curiosity and seek answers this summer.
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.
AGI in Practice, Innovation Breakthroughs, and Frontier Insights This Spring | Yunqi Capital Quarterly · Spring Issue
New thinking and new practice in AI from Yunqi Capital and its portfolio companies.
Linear Capital AIGC Tech Salon Preview: May 20, Hangzhou — A Conversation on the Opportunities and Challenges Brought by AIGC
On May 20, Linear Capital will co-host a technical salon with portfolio company Manycore Tech titled **"Facing the Inflection Point: Opportunities and Challenges Brought by AIGC."** At the event, Linear Capital director Can Zheng, investment vice president Zeren Bai, and select portfolio companies will share their perspectives. Registration is now open — **spots are limited, so sign up soon!**
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
"Kujiale" Partners with Intel to Develop SPEAR Intelligent Simulation Platform | Yunqi Capital Tech π
Improve accuracy, make robots smarter
"Kujiale" Featured by Chinese Embassy in Kenya, Digital Showroom Technology Advances International Exchange | Yunqi Capital
New Ways of Cross-Cultural Exchange







































































