Founded Year

2015

Stage

Unattributed VC | Alive

Total Raised

$185.68M

Last Raised

$160K | 7 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-8 points in the past 30 days

About Iluvatar CoreX

Iluvatar CoreX specializes in performance computing solutions within the semiconductor and software industries. The company develops System-on-a-Chip (SoC) chipsets and proprietary software platforms designed to enhance computing power for artificial intelligence (AI) applications through ultra-large-scale parallel computing architecture. Iluvatar CoreX's products are primarily aimed at the high-performance computing market, focusing on artificial intelligence (AI)-driven applications. It was founded in 2015 and is based in Minhang, China.

Headquarters Location

No. 2388, Chenhang Road Room 101-5, Building 3

Minhang, Shanghai,

China

021-68886607

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ESPs containing Iluvatar CoreX

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Semiconductors & HPC

The graphics processing unts (GPUs) market focuses on specialized processors capable of efficiently handling parallel processing tasks. Initially pioneered by Nvidia for rendering graphics in applications like gaming, animations, and virtual reality, GPUs have expanded to serve a wide range of computational tasks, including scientific simulations, cryptocurrency mining, AI, and high-performance co…

Iluvatar CoreX named as Challenger among 14 other companies, including Advanced Micro Devices, NVIDIA, and Intel.

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Expert Collections containing Iluvatar CoreX

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Iluvatar CoreX is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

A

Artificial Intelligence

10,027 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

S

Semiconductors, Chips, and Advanced Electronics

7,329 items

Companies in the semiconductors & HPC space, including integrated device manufacturers (IDMs), fabless firms, semiconductor production equipment manufacturers, electronic design automation (EDA), advanced semiconductor material companies, and more

Latest Iluvatar CoreX News

Tech war: China’s chip firms embrace DeepSeek in AI self-sufficiency drive

Feb 5, 2025

From Moore Threads to Iluvatar Corex, China’s leading chip designers are rushing to adopt DeepSeek’s latest models. — SCMP DeepSeek has given China’s artificial intelligence (AI) push a shot in the arm, as the country’s chip developers and cloud service providers rush to support the start-up’s increasingly popular models. Moore Threads Technology, a graphics processing unit (GPU) design company created by former Nvidia China general manager Zhang Jianzhong, said in a WeChat post on Tuesday that it would “pay tribute to DeepSeek” by “using locally-made GPUs to set China’s AI ecosystem on fire”. The chip firm said DeepSeek’s open-source V3 and R1 models had “greatly promoted” AI development and provided “inspiration” for developers. “To push forward the development of the domestic AI ecosystem, Moore Threads will open its proprietary KUAE GPU intelligent computing cluster to fully support the distributed deployment of DeepSeek’s V3 and R1 models,” the company wrote, referring to its full-stack solution for AI data centres based on its own chips. Moore Threads’ pledge comes days after China’s tech champion Huawei Technologies said it was working with Beijing-based AI infrastructure start-up SiliconFlow to make DeepSeek’s models available to end users through the telecoms giant’s Ascend cloud service. It offers computing performance matching that of DeepSeek models running on global premium GPUs, according to Huawei. Huawei’s Ascend cloud service relied on its home-grown Ascend solution for compute resources, which could involve various types of hardware including the company’s self-developed server clusters, AI modules and accelerator cards, its website said. Gitee AI, a Shenzhen-based one-stop service website for AI developers, also said it was offering four DeepSeek-R1-based models through servers powered by GPUs from Shanghai-based chip designer MetaX. “The combination of DeepSeek-R1, MetaX GPUs and the Gitee AI platform has realised the full use of domestically developed and made-in-China technologies from chips and platforms to computing power and models,” Gitee AI said in a WeChat post on Sunday. Gitee AI is also collaborating with Shanghai-based GPU start-up Iluvatar Corex, which said on Tuesday it was working with partners to ensure quick and easy access to DeepSeek-R1. “The launch of DeepSeek-R1 was like a bolt of lightning that crushed long-standing technical barriers and injected new vitality into China’s AI industry,” Iluvatar Corex said in a WeChat post. Besides GPU developers, China’s major cloud service providers – including Alibaba Group Holding, Tencent Holdings, Huawei and Baidu – worked overtime during the Lunar New Year holiday to support DeepSeek’s new models on their respective platform, as demand from Chinese consumers and businesses soared. Alibaba owns the South China Morning Post. While AI chips produced by Chinese developers remain less sophisticated than products from US GPU giant Nvidia, the success of DeepSeek has provided hope that China could narrow its gap with the US by focusing on so-called inference processors, which are designed to support generative AI tools that have already been trained. Inference chips are lighter-weight, more efficient and easier to develop than training chips. Deeper integration between chip developers and software engineers in China is also expected to enable the smooth operation of home-grown open-source models and allow domestic AI systems to become less reliant on US chips. – South China Morning Post Open Modal

Iluvatar CoreX Frequently Asked Questions (FAQ)

  • When was Iluvatar CoreX founded?

    Iluvatar CoreX was founded in 2015.

  • Where is Iluvatar CoreX's headquarters?

    Iluvatar CoreX's headquarters is located at No. 2388, Chenhang Road, Minhang.

  • What is Iluvatar CoreX's latest funding round?

    Iluvatar CoreX's latest funding round is Unattributed VC.

  • How much did Iluvatar CoreX raise?

    Iluvatar CoreX raised a total of $185.68M.

  • Who are the investors of Iluvatar CoreX?

    Investors of Iluvatar CoreX include Ding Xiang Capital, Shanghai Free Trade Zone Equity Fund Management, China Fortune-Innovation Capital, Wanqu Chanrong, Guosheng Group and 17 more.

  • Who are Iluvatar CoreX's competitors?

    Competitors of Iluvatar CoreX include Enflame and 2 more.

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Compare Iluvatar CoreX to Competitors

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Enflame

Enflame specializes in artificial intelligence cloud computing products. Its offerings include the development and delivery of software solutions and systems. It engages in the development of deep learning high-end chips for cloud data centers. The company was founded in 2018 and is based in Shanghai, China.

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Futurewei Technologies operates in information and communications technology (ICT) with activities that include open-source projects, industry standards development, and research in areas such as cloud technologies, future networks, integrated circuit design, media services, and wireless technology. It was founded in 2001 and is based in San Jose, California.

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Flow Computing

Flow Computing specializes in enhancing CPU performance through its Parallel Processing Unit (PPU) technology within the technology sector. The company's main offering is the PPU architecture, which aims to improve CPU performance and enhance the efficiency of legacy applications with backward software compatibility. Flow Computing's solutions are applicable in sectors including AI, edge and cloud computing, multimedia processing, autonomous vehicles, and military-grade systems. It was founded in 2024 and is based in Helsinki, Finland.

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Hexaflake

Hexaflake operates a high-technology start-up company. It provides research and development of artificial intelligence (AI) high-performance processor chips, software, and hardware full-stack system solutions. The company was founded in 2019 and is based in Shanghai, China.

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KnuEdge

KnuEdge is a company that develops a compute fabric for machine intelligence within the technology sector. The company provides a cloud platform that supports machine learning and artificial intelligence applications. KnuEdge serves sectors that require computing solutions, including the technology and artificial intelligence industries. It is based in San Diego, California.

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Mythic

Mythic is an analog computing company that specializes in AI acceleration technology. Its products include the M1076 Analog Matrix Processor and M.2 key cards, which provide power-efficient AI inference for edge devices and servers. Mythic primarily serves sectors that require real-time analytics and data throughput, such as smarter cities and spaces, drones and aerospace, and AR/VR applications. Mythic was formerly known as Isocline Engineering. It was founded in 2012 and is based in Austin, Texas.

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