# Ink Core Technology (Shenzhen) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ink-core-technology-shenzhen-co

- Industry: Electronics
- Headquarters: Shenzhen, China
- Latest round: Series A (Jan 12, 2022)
- Investors on record: 5

## About

Founded in 2017 and based in Shenzhen, China, Ink Core Technology (Shenzhen) Co., Ltd., trading as MoCore AI, operates as a provider of cloud AI chip processor solutions for the technology industry. In January 2022, the company raised an undisclosed amount of Series A funding co-led by new investors Cornerstone Capital and Greater Bay Area Homeland Investments Limited. As of February 2022, the firm is being led by its founder and CEO, Wang Wei, and has Research and Development (R&D) facilities in Shanghai, Beijing, and Silicon Valley.

Ink Core Technology (Shenzhen) Co., Ltd. designs, and develops next-generation AI (Artificial Intelligence) chips using sparse algorithms.

The company plans to use the January 2022 funding for the launch and mass production of its cloud AI chip Inther processor ANTOUM.

## Funding rounds

- Series A, Jan 12, 2022 — China Renaissance, Cornerstone Capital, Shenzhen Angel FoF, Greater Bay Area Homeland Investments Limited, Tongwei Co., Ltd.

## Investors

- China Renaissance (https://capitalatlas.ai/funds/china-renaissance) — Series A
- Cornerstone Capital (https://capitalatlas.ai/funds/cornerstone-capital) — Series A
- Shenzhen Angel FoF — Series A
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series A
- Tongwei Co., Ltd. — Series A