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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.

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