China's nascent CPU developer Moore Thread enters unicorn club 100 days after inception

China's nascent CPU developer Moore Thread enters unicorn club 100 days after inception

Macro of an Intel motherboard. Source: Magnus Engø/Unsplash

China’s Moore Threads, a nascent startup that develops central processing units (CPUs), announced its entry into the unicorn club with a valuation of at least $1 billion after raising “billions of yuan” across two funding rounds.

Moore Threads, which was founded last October, just completed a Series Pre-A round co-led by China’s Shenzhen Capital Group, global venture capital (VC) firm GGV Capital, and Sequoia Capital China, said the startup in a statement on Thursday.

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