SpinQ Raises Hundreds of Millions in Series C to Accelerate Superconducting Quantum Computing Commercialization

Global quantum computing leader SpinQ Technology has successfully completed a Series C funding round of hundreds of millions of RMB. This round was jointly invested by investors including Longli Technology, Jadex Capital, HTHS Capital, ADDOR Capital, Qingdao Hanrui, and Hainan Fengkaixiang, with existing investors Kuang Zhong and Xia Zuoquan also participating. This funding marks a significant step forward for the company in its large-scale R&D and commercial expansion in the field of superconducting quantum computing.

Superconducting quantum computing has become a key area of ​​global development, with broad prospects and attracting the attention of tech giants such as IBM and Google. As one of the most mature and fastest-growing segments in quantum computing, superconducting quantum computing has attracted significant attention from talent and industry, factors that have strengthened investor confidence in SpinQ.

SpinQ's competitive advantage lies in its full-stack capabilities and global leadership:

Top-tier R&D Team: Core members come from top universities such as MIT, Harvard, Tsinghua University, and Peking University, as well as leading global technology companies, possessing deep expertise in quantum research and engineering.

Independent R&D and Manufacturing Capabilities: One of the few companies globally with standardized, large-scale superconducting quantum chip production lines, and has built a new quantum computer assembly line in Hangzhou to support large-scale delivery.

Mature Commercialization Experience: Pioneered the world's first programmable desktop device, pioneering nuclear magnetic resonance quantum computing; exported China's first superconducting chip and complete system, and has delivered multiple "Ursus" superconducting systems to date.

Global Footprint: Products and services cover more than 40 countries and regions, serving over 200 universities, enterprises, and research institutions.

The company's three main business segments—industrial-grade superconducting hardware (for fintech, biomedicine, and telecommunications), educational-grade nuclear magnetic resonance quantum devices (covering K-12 education and university research), and the SpinQit software/cloud platform—cover end-to-end quantum needs from hardware to services, lowering the adoption threshold for global users.

Against the backdrop of the booming digital economy and artificial intelligence, quantum computing, with its unique parallel processing capabilities, has broken through the bottlenecks of traditional computing and is expected to unlock a trillion-dollar industrial market potential. SpinQ CEO Xiang Jinggen emphasized, "This funding will help our industrial expansion. We will deepen the iteration of core technologies, expand commercial application scenarios, accelerate the globalization process, and enable Chinese quantum computing to better serve global users."

With this Series C funding, SpinQ enters a new stage of ecosystem collaboration and large-scale development, aiming to drive breakthroughs in fault-tolerant quantum computing and promote the high-quality development of the global quantum industry.