Manycore Tech

Chinese software company From Wikipedia, the free encyclopedia

Manycore Tech Inc. (Manycore; Chinese: 群核科技; pinyin: Qúnhé Kējì) is a Chinese software company that focuses on spatial design with its main CAD platform being Kujiale as well as its international version Coohom.

Native name
杭州群核信息技术有限公司
Company typePrivate
Founded9 November 2011; 14 years ago (2011-11-09)
Quick facts Native name, Company type ...
Manycore Tech Inc.
Native name
杭州群核信息技术有限公司
Company typePrivate
IndustryInformation technology
Founded9 November 2011; 14 years ago (2011-11-09)
Founders
  • Huang Xiaohuang
  • Chen Hang
  • Zhu Hao
HeadquartersHangzhou, Zhejiang, China
Key people
  • Huang Xiaohuang (Chairman)
  • Chen Hang (CEO)
Products
  • Kujiale
  • Coohom
  • SpatialVerse
RevenueIncrease CN¥663.54 million (2023)
Increase CN¥−646.10 million (2023)
Total assetsDecrease CN¥766.08 million (2023)
Total equityDecrease CN¥3.33 billion (2023)
Websitewww.kujiale.com
Footnotes / references
[1]
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According to Frost & Sullivan in 2023, it was the world's largest spatial design platform average monthly active users as well as the largest software provider in China's spatial design industry by revenue.[2]

Background

Manycore was founded in 2011 by three graduates of the University of Illinois Urbana-Champaign.[2][3] Investors of the company included IDG Capital, Hillhouse Investment and Coatue Management.[2]

In 2013, Manycore launched its flagship product Kujiale which allows users to create 3D renderings of home interior layouts. Kujiale uses the software as a service model that relies on cloud computing to give users access to massive computing power and very fast rendering services.[3]

In 2018, Manycore launched Coohom which was the international version of Kujiale.[4]

In 2021, Manycore applied for an initial public offering (IPO) on the Nasdaq.[3] However Manycore did not proceed with it as during the time, the Chinese government was cracking down on the country's tech sector.[2]

On 20 November 2024, Manycore launched SpatialVerse, a spatial intelligence platform for artificial intelligence development in indoor environments.[5]

On 14 February 2025, Manycore applied for an IPO on the Hong Kong Stock Exchange.[2]

See also

References

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