State-Owned Capital Keeps Placing Big Bets! TuringQ Nabs Hundreds of Millions of Yuan in Series B Financing, Pioneering Photonic Quantum Computing Engineering
1 week ago / Read about 0 minute
Author:小编   

On January 27th, TuringQ, a frontrunner in China's photonic quantum computing sector, declared the successful closure of a Series B financing round, amassing hundreds of millions of yuan. This achievement marks yet another pivotal milestone for the company. Having secured two consecutive rounds of financing, each also worth hundreds of millions of yuan, within a mere six-month span, TuringQ has clearly demonstrated the capital market's unwavering confidence in its technological prowess and potential for industrialization. This latest funding round has drawn the attention and investment of numerous strategic backers, including elite state-owned capital entities with a market-driven approach, such as the Sichuan Industrial Revitalization Fund Investment Group, TKC Donghai, Fosun Capital, and SenseTime. Together, they have forged a synergistic empowerment model that combines the strengths of 'national team players, industrial capital, and market-oriented institutions'.