Manycore Tech

What Manycore Tech does

Manycore Tech (群核科技, formerly Kujiale/Qunhe Technology) is a Hangzhou-based spatial intelligence infrastructure provider founded in 2011 by three UIUC-educated co-founders — Victor Huang (Chairman, ex-NVIDIA), Hang Chen (CEO), and Hao Zhu (CTO, ex-Microsoft/Amazon). The company operates a dual-track platform-plus-modules architecture: consumer/SMB-facing spatial design SaaS products (Kujiale for China, Coohom for international markets) that serve interior designers, home decoration companies, and end users across 200+ countries, and enterprise-facing infrastructure including the SpatialVerse physics-based simulation engine for robot training, the SpatialTwin industrial AI twin platform, and the Aholo Spatial Intelligence Open Platform for spatial reconstruction, generation, editing, and understanding via APIs/SDKs.

The underlying technology is built on a 'Tools-Data-Models' flywheel in which spatial editing tools (image/video parsing, CAD recognition, physics simulation, 3D rendering) generate massive physically-accurate 3D datasets — 500M+ 3D scenes and 479M+ 3D models by end of 2025 — that in turn train Manycore's proprietary multi-modal Spatial Foundation Model with tens of billions of parameters. The company also maintains the world's largest indoor scene dataset (InteriorNet) and has open-sourced several models (SpatialLM, SpatialGen) and the InteriorGS dataset to build a developer ecosystem.

Manycore generates revenue primarily through SaaS/software subscriptions on Kujiale and Coohom, with 2025 revenue of RMB 820 million at an 82.2% gross margin and a first adjusted net profit of RMB 57.1 million. Secondary revenue streams include enterprise platform licensing for SpatialVerse and SpatialTwin, and API/platform services through the Aholo Open Platform. The company achieved a major milestone in April 2026 by listing on the Hong Kong Stock Exchange (00068.HK) as the world's first publicly listed spatial intelligence company, raising HK$1.224 billion and reaching a ~HK$65.5 billion (~$8.4 billion) market capitalization within days of listing.

Name

Manycore Tech

Legal name

杭州群核信息技术有限公司 (Hangzhou Qunhe Information Technology Co., Ltd.)

Website

https://manycoretech.com

Company type

Public

Founded year

2011

Operating status

Ipo

Headcount range

1,001–5,000 employees

Short description

Manycore Tech is a Hangzhou-based spatial intelligence infrastructure provider offering cloud-based 3D design SaaS (Kujiale/Coohom) reaching 200+ countries, plus enterprise platforms for robot training simulation, industrial digital twins, and spatial AI APIs, built on a proprietary multi-modal Spatial Foundation Model trained on 500M+ 3D scenes.

Ownership category

akta.pro rank

Product category

Spatial Intelligence Software

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Other Specialized Design Services (54149)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

On-Device/Edge Foundation Models (Mobile/Embedded LLMs) (HDAAACAN)

Keywords

• Spatial intelligence software
• Cloud-based 3D design
• Spatial foundation models
• Robot training simulation
• Industrial digital twin platform

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS/Software Subscriptions: Manycore Tech generates revenue primarily through cloud-based spatial design software subscriptions via its Kujiale and Coohom platforms. The company reported 2025 revenue of RMB 820 million with an 82.2% gross margin, achieving adjusted net profit of RMB 57.1 million.
2. Enterprise Platform Licensing: Revenue from enterprise licensing of the SpatialVerse platform for robot and agent training, and SpatialTwin for industrial digital twin applications.
3. API and Platform Services: Revenue from API access and platform services through the Aholo Spatial Intelligence Open Platform for business applications including spatial reconstruction, cloud rendering, and AI-powered 3D model generation.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Manycore Tech provides cloud-based spatial intelligence software and infrastructure, including the Kujiale and Coohom 3D design platforms, the SpatialVerse robot/agent training simulation platform, the SpatialTwin industrial AI twin platform, and the Aholo Open Platform APIs. The company is built on a proprietary multi-modal Spatial Foundation Model with tens of billions of parameters and the industry's largest 3D data assets (500M+ scenes, 479M+ models).

Product overview

Manycore Tech is a spatial intelligence infrastructure provider offering a unified platform-plus-modules architecture. The core products include Kujiale (domestic spatial design software) and Coohom (global spatial design software), both powered by real-time 3D rendering and the proprietary Spatial Foundation Model. The company provides specialized modules including LuxReal (AI-driven 3D content creation), SpatialVerse (robot/agent training simulation platform), and SpatialTwin (cloud-native industrial AI twin). The Aholo Spatial Intelligence Open Platform serves as the foundational layer providing standardized APIs and SDKs for spatial reconstruction, generation, editing, and understanding. The company has also open-sourced models including SpatialLM, SpatialGen, and datasets such as InteriorNet and InteriorGS. The flagship products Kujiale and Coohom reach users across more than 200 countries and regions.

Differentiator

Problem solved

Functional benefit

Brands

• Kujiale: Spatial design software powered by real-time 3D rendering and Spatial Foundation Models for Chinese domestic market
• Coohom
• LuxReal
• SpatialVerse
• Aholo
• Aholo Viewer

Products and services

• Kujiale Spatial design software powered by real-time 3D rendering and Spatial Foundation Models for the domestic Chinese market, enabling cloud-based interior design and photorealistic visualization.
• Coohom Global-ready spatial design software for users and enterprises worldwide, supporting international markets with 3D rendering and modeling capabilities, consistently named 'Global Leaders' in G2 awards.
• LuxReal AI-driven 3D content creation toolkit built on advanced 3D technology that addresses spatial-consistency issues in AI-generated video for professional creators.
• SpatialVerse Physics-based data engine engineered for spatial intelligence training and simulation, providing a 'virtual training ground' for robots and agents to make them more intelligent.
• Aholo Spatial Intelligence Open Platform Open platform providing standardized APIs and SDKs for spatial reconstruction, generation, editing, and understanding, enabling business applications including spatial reconstruction, cloud rendering, and AI-powered 3D model generation.
• SpatialTwin Cloud-native industrial AI twin platform for large-scale implementation of embodied intelligence in industry applications, including industrial facility digital twins and manufacturing process simulation.
• Kujiale E-commerce Studio Domestic 3D AI tool for e-commerce visual content creation, designed to generate high-quality 3D product imagery and visual content for cross-border e-commerce.

Quantifiable outcome

• 82.2% gross margin on RMB 820 million revenue in 2025
• +3 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Insta360coreStrategic or Co-development Partner · 18 May 2026Strategic partnership combining Insta360's high-performance imaging devices with Manycore Tech's 3D Gaussian Splatting spatial reconstruction technology to create a new paradigm for 3D-era content creation and spatial digitization. Will explore end-to-end, one-stop spatial reconstruction solutions.
• Huace Film & TVminorStrategic or Co-development Partner · 9 December 2025Ecosystem partnership for virtual-set production using Aholo Spatial Intelligence Platform.
• Digua RoboticsminorStrategic or Co-development Partner · 9 December 2025Ecosystem partnership for robot-simulation training using spatial intelligence capabilities.
• PICOminorStrategic or Co-development Partner · 9 December 2025Ecosystem partnership for XR asset library development.
• Alibaba GroupminorStrategic or Co-development Partner · 1 January 2025Strategic partnership in digital transformation, along with Tencent, as part of Yiwu Global Digital Trade Center ecosystem.
• TencentminorStrategic or Co-development Partner · 1 January 2025Strategic partnership in digital transformation, along with Alibaba, as part of Yiwu Global Digital Trade Center ecosystem.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Regional players

• SenseTime: SenseTime is a China-based AI foundation model and computer vision company with applied AI in smart cities, robotics, and AR. It is a regional peer to Manycore Tech because both are China-headquartered AI companies commercialising vision/spatial AI models, though SenseTime focuses more on surveillance and general CV than 3D interior design.

Broad incumbents

• Trimble (SketchUp): Trimble's SketchUp is a widely used 3D modelling tool for architecture, interior design, and construction. It is comparable to Manycore Tech because both serve spatial/architectural design with cloud-based 3D tools, though Trimble is the larger, more diversified geospatial and construction technology incumbent.
• Dassault Systèmes: Dassault Systèmes (CATIA, SOLIDWORKS, 3DEXPERIENCE) is a global leader in 3D design, simulation, and digital twin software for manufacturing and infrastructure. It is comparable to Manycore Tech because both serve 3D design and industrial digital twin use cases, though Dassault operates across much broader enterprise verticals.
• Autodesk: Autodesk (AutoCAD, Revit, 3ds Max) is the global incumbent in 3D/architectural/spatial design software. It is comparable to Manycore Tech because both sell 3D design tools to architects, interior designers, and industrial users, but Autodesk operates across a much broader CAD portfolio and is far larger and more established.
• NVIDIA (Omniverse): NVIDIA's Omniverse platform provides 3D collaboration and simulation for industrial digital twins and robotics. It is comparable to Manycore Tech because both target spatial computing, robot simulation, and large-scale 3D environments, but NVIDIA sells an underlying compute/GPU platform that broadly serves spatial intelligence rather than specialising in indoor scene perception.
• Bentley Systems: Bentley Systems provides 3D infrastructure design and digital twin software for transportation, utilities, and construction. It is comparable to Manycore Tech because both build digital twins and 3D models for engineered environments, though Bentley focuses on heavy infrastructure rather than interior/indoor scenes.

Direct peers

• PTC: PTC (Creo, ThingWorx, Vuforia) provides CAD, PLM, and industrial IoT/digital twin platforms. It is comparable to Manycore Tech because both address industrial digital twins and 3D product lifecycle management, though PTC's footprint is broader and more enterprise-software centric.
• Unity Software: Unity provides real-time 3D content creation, rendering, and simulation engines used across games, architecture, and industrial digital twins. It is a direct peer to Manycore Tech because both operate in real-time 3D visualisation, spatial content creation, and simulation tooling for enterprise and creative users.
• Matterport: Matterport provides 3D spatial capture and digital twin technology for real estate, AEC, and facilities management. It is a direct peer to Manycore Tech because both turn physical spaces into 3D data, build large spatial datasets, and target design, real estate, and industrial inspection workflows.

Emerging players

• Insta360: Insta360 makes 360° and 3D imaging hardware and is a strategic partner of Manycore Tech for spatial reconstruction. It is comparable because both feed and rely on 3D capture pipelines for spatial intelligence, though Insta360 is a hardware-led company rather than a foundation model SaaS provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ManycoreTech
• LinkedInlinkedin.com/company/manycoretech

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Manycore Tech