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Manycore

Category: AI Agents

A spatial intelligence platform that provides AI-powered 3D design, spatial understanding, and embodied intelligence training solutions, evolved from the world's largest cloud-based interior design software. Manycore was founded in 2011. The company is led by Chen Hang. Based in Hangzhou, China. Team size: 1,000-1,500. Total funding raised: $493.0M. Latest round: IPO. Key investors include ["IDG Capital","Hillhouse Investment","Coatue Management","GGV Capital","Shunwei Capital"].

Founded
2011
Headquarters
Hangzhou, China
Team size
1,000-1,500
Total funding
$493.0M

Value proposition

Democratizes professional 3D design through cloud-based SaaS with AI-powered automation (completing full home designs in 5 minutes); provides world's largest spatial dataset (500M+ structured 3D environments) for AI/robotics training; enables seamless design-to-production workflows.

Products and solutions

["Kujiale","Coohom","KuSpace","SpatialVerse","Aholo","LuxReal","SpatialLM","SpatialGen"]

Unique value

Operates world's largest spatial design platform with 500M+ structured 3D environments, 362M+ 3D models, and 440M product models; developed proprietary 10B+ parameter multimodal spatial large model; created complete 'spatial data - spatial large models - spatial editing tools' technology flywheel.

Target customer

Interior designers, home furnishing manufacturers, real estate developers, e-commerce companies, AI/robotics developers (embodied intelligence), film & TV production studios, XR/VR developers, and enterprise customers

Industries served

["Interior Design & Home Decoration","Construction & Architecture","Real Estate","E-commerce & Retail","Film & Television Production","Industrial Digital Twins","AI & Robotics (Embodied Intelligence)","XR/VR/AR","Furniture & Home Goods Manufacturing"]

Technology advantage

Combines massive proprietary spatial dataset with 5,400+ high-performance GPU servers for AI training; cloud-native SaaS architecture enables instant rendering and design automation; dominates China's cloud-based interior DDC software market with 56.5% share.

How they differentiate

World's largest cloud-based 3D interior design platform with proprietary 500M+ structured 3D spatial environments dataset; AI-powered design automation; seamless design-to-manufacturing pipeline integration; open-sourced SpatialLM for embodied intelligence training.

Main competitors

["Autodesk","SketchUp (Trimble)","Planner 5D"]

Key partnerships

["Huace Film & TV","Pico","NVIDIA","Global embodied intelligence companies","Ebon","Kaidesen","Mengtian","Beijing Forestry University","Southwest Forestry University"]

Notable customers

["Kuka Home","Oppein","Beike","Ebon","Kaidesen","Mengtian"]

Major milestones

["Founded in 2011","Launched Kujiale flagship product in 2013","Reached $2 billion valuation in 2020 (Series E)","Launched Coohom international version","Filed for Hong Kong IPO in February 2025","Launched SpatialLM open-source model at NVIDIA GTC 2025","Launched Aholo and LuxReal AI products in December 2025","Listed on HKEX on April 17, 2026 (stock code 00068.HK)"]

Growth metrics

86.3M monthly active users across 200+ countries; 45,500+ enterprise customers; 56.5% market share in China's cloud-based interior DDC software; revenue of RMB 820M in 2025 with gross margin 82.2%; adjusted net profit of RMB 57.1M in 2025; market cap ~HKD 350B on debut.

Market positioning

China's answer to Autodesk; leading cloud-based spatial intelligence and 3D design SaaS platform; one of Hangzhou's 'Six Little Dragons'.

Geographic focus

Primary: China (56.5% market share); Secondary: Global (200+ countries)

Patents and IP

No specific patent counts publicly disclosed; core proprietary IP includes the 10B+ parameter multimodal spatial model, SpatialLM/SpatialLM 1.5 architecture, SpatialGen generation model, and Lux3D model.

About Chen Hang

Co-founder & CEO of Manycore Tech since 2011; MS in Computer Science from University of Illinois Urbana-Champaign (2008-2010); Previously worked at Google, Microsoft, and Umeng (mobile analytics platform acquired by Alibaba); Led company's transformation from 3D design software (Kujiale) to spatial intelligence platform.

Official website: