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On October 14, 2025, LogicBits, a company specializing in superconducting quantum computing, proudly declared the successful closure of its Pre-A round financing, which raised tens of millions of RMB. In this funding round, existing shareholders maintained their confidence and continued to invest. The Zhejiang University Innovation and Startup Center took the lead, with significant contributions also coming from Oriental Fortune Capital, Huaxia Hengtian, West Lake Venture Capital, and Oufang Angel. Additionally, Shanghai Zhihui Investment, a new shareholder, joined the ranks of investors. The funds raised will be predominantly allocated to the research and development of error-correctable quantum chip technology, the fabrication of quantum chips, the construction of a computing platform, and the recruitment of top-tier talent in the field.
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