“LogicBits Technology” Secures Hundreds of Millions of Yuan Across Two Financing Rounds
2 day ago / Read about 0 minute
Author:小编   

Recently, “LogicBits Technology” has proudly announced the successful closure of two significant financing rounds: Pre-A+ and Pre-A++, amassing a total investment of hundreds of millions of yuan. In the Pre-A++ round, Fortune Capital and Matrix Partners China emerged as the co-leaders, with notable participation from Huakong Fund, Shenzhen Capital Group, and Kangjun Capital, among other investors. Additionally, existing shareholders, Zhejiang University Alliance Innovation Ventures and Orient Genesis Capital, demonstrated their confidence by further increasing their stakes. Meanwhile, the Pre-A+ round saw investments from Haiwang Capital, a subsidiary of Pudong Science and Technology Innovation Group, Lushi Investment, and the continued support of existing shareholder Zhejiang Provincial Innovation Investment Group. The infusion of capital from these two rounds will be strategically allocated to advance the research and development of superconducting quantum computing chips and complete systems. This includes enhancing chip micro-nano processing capabilities, accelerating the development of a quantum computing control platform, and rolling out a quantum computing cloud platform, among other initiatives.