QuantSpin Technology completes Series D financing of 1 billion yuan.

On June 30th, Interface News learned that the domestic quantum computing company QuantX Technology announced that it had completed a 1 billion yuan Series D financing round, bringing the total financing amount for the past six months to 2 billion yuan. New investors in this round include CICC Capital, Shanghai Semiconductor Investment, AVIC Henghua, Shanghai Institute of Electrical Engineering, GuoZhong Capital, Sichuan Xingchuan, Jinpu Investment, Hengxu Capital, Shangqi Capital, Hongtai Fund, Luhua Investment, Xingzheng Investment, Shenzhen Press Group, Qingsong Holdings, Bojia Capital, etc. Existing shareholders such as Investcontrol Donghai, Jingkai Capital, Qingdao Hanrui, and Hainan Fengkaixiang continue to increase their investment, with industry investors Lu Dalong and Lankun also participating in this round. It is reported that the funds raised this time will be fully invested in the research and development of fault-tolerant universal quantum computers, core technology iteration, and global industrial ecosystem expansion, supporting the core technology breakthrough in the next generation of quantum computing.