Sequoia-backed Chinese GPU developer Moore Threads raises $215m in Series B round

Sequoia-backed Chinese GPU developer Moore Threads raises $215m in Series B round

Moore Threads' MTT S80 gaming graphics card. Visual from the company website

Moore Threads, a Chinese semiconductor player that develops graphics processing units (GPUs), has raised 1.5 billion yuan ($215.2 million) in a Series B round of financing, the startup announced on Tuesday.