CIQTEK (Hefei) Co., Ltd. has recently wrapped up a strategic financing round, successfully securing RMB 131 million. The investor in this round is the Hefei Gongchuang Relay Venture Capital Fund, which is managed by Hefei Xingtai Capital. This funding marks yet another major capital injection for the company since its Series C financing back in 2021, bringing a fresh wave of vigor to the current hard - tech investment landscape. The capital raised in this round will be predominantly allocated towards enhancing research and development, along with design capabilities, for equipment related to quantum computing, specialized magnetic resonance equipment, and experimental analysis instruments.
