The GPU technology developer has completed a pre-series A round in the 10-digit yuan range that was backed by investors including ByteDance, H&T Intelligent Control and Pony.ai.

China-based graphic processing unit (GPU) manufacturer Moore Threads closed a multibillion-yuan (RMB1bn = $155m) pre-series A round featuring multiple corporate investors yesterday.

The company emerged from stealth on Wednesday when it secured an undisclosed amount of funding from digital media company ByteDance, according to 36Kr, which cited financial data aggregator Tianyancha.

The round included smart home system provider H&T (HeT) Intelligent Control and self-driving technology developer Pony.ai and was co-led by venture capital firms Shenzhen Capital Group, GGV Capital…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn