Twine Quantum, a domestic quantum computing enterprise, has recently finalized a Series C+ financing round, raising a substantial sum of 600 million yuan. Coupled with the Series C funding it secured just three months prior, the company has amassed close to 1 billion yuan within a single quarter. This latest financing round attracted a wide spectrum of investors, encompassing investment institutions like Cornerstone Capital; state-owned and central enterprise-backed entities such as Guotai Junan Innovation Investment; local investment platforms including Zhejiang Caitong Capital, Sichuan Zhenxing Group, and Chengdu Tianchuang Investment; as well as repeat investors Yida Capital and Huaqiang Capital.
