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New Deal


Announced

Completed

Shanghai Guosheng Group, 5Y Capital and Bohai Sheng led a $313m Series A round in Moore Threads.

Financials

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Transaction Value£234m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Minority

Cross Border

Single Bidder

Digital Services

visual computing

Friendly

Completed

China

Venture Capital

Private

Acquisition

Private Equity

Synopsis

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Shanghai Guosheng Group, 5Y Capital and Bohai Zhongsheng led a $313m Series A round in Moore Threads. Additional investors included CCB International, China Merchants Securities and Hubei Hongtai High-Quality Development Fund. “Metaverse, automated driving, robots and bio-computing are inseparable from the empowerment of GPU, so the demand for GPU chips may very well explode," Wang Lixin, Bohai Zhongsheng Chairman.

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