Page 22 - Moore Threads News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The company recently opened an R&D center in Chengdu

The financing was jointly led by Source Code Capital, Shanghai Guosheng Group, and Bohai Sheng (Hubei) Industrial Fund Management.

Chinese computing solutions major Iluvatar CoreX bags $186m led by Cedarlake, Centurium Capital Source: Iluvatar CoreX March 1, 2021 Iluvatar CoreX, a high-performance computing solutions provider in China, has garnered 1.2 billion yuan ($185.6 million) in a Series C round of financing jointly led by global investment firm Cedarlake Capital and Chinese private equity (PE) major Centurium Capital. Gortune Investment, a privately-run investment platform in southern China’s Guangzhou City, and China Unicom Capital, affiliated with state-owned telecom operator China Unicom also participated in...

Startup Funding: February 2021 In February, several startups emerge from stealth, with one company working on AI inference architectures for the data center and another trying to make lenses thinner by patterning surfaces with tiny structures. Two new Chinese companies are trying to expand the country’s semiconductor design ecosystem with GPUs and interface IP. Plus, a maker of AI chips for ADAS draws another massive round this month as we take a look at 22 startups that collectively raised over $1.2B. Semiconductors & design GPU startup Moore Threads raised an undisclosed amount of pre-A ...

Moore Thread raised "billions of yuan" across two rounds from investors like Shenzhen Capital Group, GGV Capital, and Sequoia Capital China.