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Manycore Tech
Chinese software company From Wikipedia, the free encyclopedia
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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.
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]
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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]
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See also
References
External links
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