One hundred days, two rounds of financing, billions of dollars, co-led by Shenzhen Venture Capital, Sequoia Capital China Fund, and GGV GGV Capital, Moore Threads has handed over a heavy transcript at the beginning of the Year of the Ox. Founded in October 2020, the company is committed to building a computing platform in China’s visual computing and artificial intelligence fields, developing the world’s leading independent innovation GPU intellectual property, and helping China build a local high-performance computing ecosystem. The just-completed Pre-A round of financing was jointly led by Shenzhen Venture Capital, Sequoia Capital China Fund, and GGV Jiyuan Capital. The first venture, Wuyuan Capital, Heertai, Minghao, and others jointly participated in the investment (ranking in no particular order). The funds raised will be used to promote technology research and development, early market expansion, and subsequent product development.
Moore Threads is the only truly world-class mature team in China that can cover the complete architecture of GPU R& D, manufacturing, marketing, and service support. The main members have rich experience in mass production of multiple GPU chips and multi-generation processes, and are familiar with all aspects of quality management such as GPU chip design, production, packaging, testing, systems, and software applications. The team gathers the world’s top GPU talents, and the core members are mainly from NVIDIA. At the same time, it has attracted the core strength of R& D and product teams from major technology companies such as Microsoft, Intel, AMD, and ARM. The founder of the company has been deeply involved in the industry for more than 15 years, and has led the world’s top chip companies to successfully develop and establish a complete GPU ecosystem in China and promote the Chinese market to become the most important market for the company in the world. This not only enables the company to gather top GPU technology research and development It also has unparalleled natural advantages in the more important GPU-related system software developments and core ecological partner resources in major industries.
As a general platform for visual computing and artificial intelligence computing, the GPU has a huge market space beyond imagination. It is also an indispensable technical commanding height in the fast lane of China’s scientific and technological development and will become the “core” driving the intelligent development of all walks of life. strength. The GPU not only performs various graphics processing tasks for personal computers, servers, and mobile devices, but also plays a major role in mainstream cloud computing such as scientific computing, autonomous driving, intelligent analysis, password cracking, image recognition, big data, and financial transactions due to the advent of the era of artificial intelligence. And the field of edge computing has gained massive application space.
China’s Moore Threads has a world-class advanced computing architecture design team, is committed to the research and development of original and independent intellectual property GPU chips, builds China’s computing acceleration platform, serves modern application scenarios, and provides powerful computing acceleration capabilities for China’s local technology ecological partners.
Gu Lan, an expert in the chip industry of Shenzhen Venture Capital, said: “In the GPU field, we have evaluated many entrepreneurial teams, and Moore Threads is the only mature team with a world-class level and complete organization in China.” At present, Nvidia is the only company in the world that focuses on the GPU business. Although AMD also has a GPU business, its main source of income is still the CPU. In 2008, AMD began to dabble in the GPU field through the acquisition of ATI. Although its CPU business has been doing well, its GPU business has not performed well in the Chinese market. NVIDIA’s GPU market share in China has increased since 2008. 50% all the way up to more than 80% share in 2020. This is enough to show that the business success of GPU is not only about product research and development, but also accurate market segmentation definition, product strategy, ecological construction, and supporting marketing systems. Moore Threads brings together many system architects with rich experience in GPU R& D and design; graphics technology R& D scientists; the most experienced chip design team; and GPU ecology and industry marketing experts who have helped NVIDIA succeed in China. Such mature and proven local teams are very scarce. We believe that Moore Threads will become the computing leader in China’s visual computing and artificial intelligence fields in the future.
Technological leadership is crucial in the field of chips, said Zhou Kui, partner of Sequoia Capital China Fund. Moore Threads has the world’s top modern GPU architecture design team, and its chief technology officer has led and participated in the design and research and development of the latest architecture of the world’s top GPU companies. Moore Threads has attracted many senior engineers with more than 10 years of experience in the fields of GPU driver, compilation, AI chip, software algorithm, and system design, and has built the most complete professional IC team in China. Relying on its excellent technical advantages, we look forward to making more contributions to the construction of a powerful computing acceleration platform in China in the future.
Fu Jixun, managing partner of GGV Jiyuan Capital, said: GPU chips that can meet general-purpose graphics computing and high-performance computing represent the commanding heights of chip technology. With the continuous development of the domestic chip industry, it is not uncommon for chips to be lit and available. However, it is extremely difficult to develop a GPU chip with world-class performance and achieve commercial success, and the team’s ability is very demanding. First of all, it is necessary to have a deep understanding of industry development, to be able to predict the market demand in the next 3-5 years and to define suitable products for it; secondly, to be able to take into account graphics and video processing (such as DirectX, OpenGL, Vulkan, etc.), As well as AI and high-performance computing (such as OpenCL, CUDA, etc.), it can support the iteration of any AI and non-AI software algorithms at a low cost and achieve the interaction of graphics, image and video processing and AI computing to meet most practical scenarios. Finally, it is necessary to build an ecosystem of software and applications on top of chip hardware. The Moore Threads team has such capabilities. We believe that through the independent innovation of GPU, Moore Threads can accelerate the development of China’s local emerging technology ecosystem and have a profound impact on the industry. We are very happy to be an investor partner of Moore Threads and to witness the rapid development of the future.
Chen Liguang, CEO of Seapine Capital, said: To build a computing acceleration platform for data centers, edge computing, and high-performance PCs and workstations, GPU architecture is the most important success factor. Only the most advanced architectural design can meet the needs of future visual computing and AI (artificial intelligence) computing. The heterogeneity of today’s computer architecture, the distributed integration of cloud, edge, and terminal, real-time rendering and physical computing based on virtual reality, machine learning, deep learning, and high-performance computing that supports big data, and multi-channel concurrent computing of AI and IOT are all correct. The architecture of the GPU has higher and more complex requirements. China’s local GPU chips will enable Moore Threads’ world-class architecture team to lead the independent innovation and research and development of China’s local GPU chips and become a powerful new force in China’s scientific and technological development.
The reason why NVIDIA has emerged in the AI field is due to its technology accumulation and ecological construction in the GPU field. In fact, most AI applications are a combination of graphics and computing. The market space for general-purpose chips supported by the GPU core architecture is much larger than the AI chip market. The GPU is the computing power engine driving all emerging technology industries, involving visual computing, biological computing, artificial intelligence, digital twin, virtual reality, animation, industrial design, simulation, autonomous driving, cloud computing, and other fields. The seven major industrial fields in the new infrastructure all have hidden GPU computing power support. We believe that Moore Threads will take off on this massive market track.
Hou Changqing, the founding partner of the famous investment, said: “The patriotic feelings of the young people in Moore Threads deeply moved me, especially the GPU experts who returned from overseas.” In the research and development of localization I believe that they will not only fill the gap left by domestic high-performance GPUs but also invent and innovate GPU technologies and products that are more suitable for the Chinese local market. Since the GPU basically determines the user’s application experience in the computer architecture, with the success of Moore Threads’s local GPU research and development, Moore Threads will definitely help improve the user experience of domestic CPUs and operating systems in the Chinese market and at the same time make up for the performance of domestic CPUs Insufficient, narrow the gap with the overall performance of foreign computers. I’m really looking forward to seeing the Moore Threads come to fruition soon!
Moore Threads is a high-tech integrated circuit company that specializes in GPU chip design. Its primary focus is the development and design of full-featured GPU chips and related products that can provide powerful computing acceleration capabilities to Chinese technology partners. Founded in October 2020, the company is dedicated to developing a new generation of GPUs for meta-computing applications, constructing a comprehensive computing platform that integrates visual computing, 3D graphics computing, scientific computing, and artificial intelligence computing, and establishing an ecosystem based on cloud-native GPU computing to help drive the digital economy’s development.
Moore Threads is distributed by Unixcloud Technology (Shenzhen) Co., Ltd. Unixcloud has a long history of product development and manufacturing. Moore Threads’ official authorized distributor is UnixCloud. It focuses on the field of edge computing in response to the computing power requirements of artificial intelligence development, and it offers the industry edge computing products and solutions that meet a variety of AI requirements. UnixCloud launched the 10G network card business at the same time, offering four-port and two-port 10G optical fiber network cards based on the Mucse-based network controller N10.