# Manycore Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/manycore-tech

- Industry: Software
- Headquarters: Hangzhou, China
- Website: www.manycoretech.com/
- Total disclosed funding: $311M
- Latest round: Series E (Dec 28, 2021)
- Investors on record: 11

## About

Based in China and founded in 2011, Manycore Tech Inc. provides spatial intelligence and 3D design software for the e-commerce, cultural heritage, and industrial sectors. The co-founders are Chairman Huang Xiaohuang, CEO Chen Hang, and CTO Zhu Hao. Since its establishment, the company launched spatial design products such as Kujiale, Coolhome, and Coohom, and developed a physical world simulator based on GPU high-performance computing alongside the open-source spatial language model SpatialLM. In April 2026, the firm was listed on the Hong Kong Exchanges and Clearings Ltd. (HKEX) under the ticker "00068".

The company works with enterprise clients, designers, and retailers to provide 3D cloud design software, rendering services, and AI content creation tools. Its software portfolio includes the Manycore Qizhen Rendering Engine, the Manycore Matrix CAD Engine, the LuxReal 3D video generation tool, and the Aholo spatial intelligence open platform. These products are designed to support 3D indoor scene generation, industrial digital twins, and structured interactivity.

The company generates revenue from B2B contracts and subscriptions for its 3D cloud design software, rendering services, and spatial data solutions.

The company plans to accelerate international expansion, enhance its AIGC and spatial intelligence products, strengthen its domestic market presence, and upgrade its proprietary GPU computing infrastructure.

## Funding rounds

- Series E, Dec 28, 2021, $100M — Coatue Management, Shunwei Capital, Jiyuan Capital, Planetree
- Series D, Sep 30, 2019, $100M — Hillhouse Investment, Shunwei Capital, Jiyuan Capital
- Series D, Mar 9, 2018, $100M — IDG Capital, Hearst Ventures, Pavilion Capital, Shunwei Capital, Linear Capital, Yunqi Partners, Jiyuan Capital
- Series C, Nov 5, 2016 — Matrix Partners, IDG Capital, Hearst Ventures, Linear Capital, Yunqi Partners, Jiyuan Capital
- Series B, Apr 13, 2015, $10M — Matrix Partners, IDG Capital, Yunqi Partners, Jiyuan Capital
- Series A, Jun 26, 2014, $0.6M — IDG Capital
- Series A, Jan 1, 2014 — IDG Capital

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B, Series C, Series D
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series B, Series C
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series B, Series C, Series D
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series B, Series C, Series D, Series E
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Series C, Series D
- Linear Capital (https://capitalatlas.ai/funds/linear-capital) — Series C, Series D
- Pavilion Capital — Series D
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series D, Series E
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series D
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E
- Planetree (https://capitalatlas.ai/funds/planetree) — Series E