Bank of China co-led a series A round for the GPU technology startup nine months after it emerged from stealth with backing from ByteDance, Pony.ai and H&T Intelligent Control.
China-headquartered visual computing technology developer Moore Threads has raised RMB2bn ($313m) in a series A round co-led by financial services firm Bank of China’s Bohai Sheng Industrial Fund Management vehicle, DealStreetAsia has reported.
The round was co-led with Source Code Capital and Shanghai Guosheng Group and also featured financial services firm China Construction Bank’s CCB International subsidiary, Qianhai FOF and China Merchants Securities.
Moore Threads has developed graphical processing unit (GPU) technology for visual computing and multimedia processing for use…
