SpinQ Technology Raises Hundreds of Millions in Series C Funding for Quantum Computing Expansion
SpinQ Technology has raised hundreds of millions of RMB in a Series C funding round, co-led by several prominent investors, to further its quantum computing initiatives. The funding will enhance core technology development and strengthen industrial partnerships, aiming to boost commercialization and global outreach of SpinQ's quantum systems. This investment underscores the growing recognition of superconducting quantum computing technology's potential.
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SpinQ Technology has secured hundreds of millions of RMB in a Series C funding round to advance its quantum computing initiatives. The round was co-led by Longli Technology, Jadex Capital, HTHS Capital, ADDOR Capital, Qingdao Hanrui, and Hainan Fengkaixiang, with follow-on investments from existing investors Kuang Zhong and Xia Zuoquan.
The capital will support core technology development and deepen industrial partnerships, aiming to enhance the commercialization and global reach of SpinQ's quantum systems. The funding reflects increasing recognition of superconducting quantum computing technology's potential.
Jadex Capital highlighted SpinQ's comprehensive 'hardware + software + service' system and plans to collaborate to accelerate commercialization. SpinQ had previously completed a Series B funding round last summer, securing several hundred million RMB from various institutional investors.
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