Recently, Turing Quantum officially announced the completion of a Series B financing round totaling hundreds of millions of yuan.
Less than a month ago, the company had revealed that it had secured two rounds of strategic financing, each worth hundreds of millions of yuan, within a span of six months.
According to Turing Quantum, the Series B round attracted investments from leading market-oriented state-owned capital, as well as multiple strategic investors including Sichuan Provincial Industrial Revitalization Group, Shenzhen Investment Holdings, Fosun Capital, and SenseTime. The funds will be primarily allocated to the research and development of domestically produced, independently controllable practical quantum computers, tackling core technological challenges, and building a high-end R&D talent team. This will further accelerate technological iteration and large-scale commercial implementation.
In 2025, Turing Quantum's order volume has already exceeded 100 million yuan, with an annual revenue compound growth rate of 200%. Additionally, the company's R&D team accounts for 70%–80% of its total workforce, maintaining a high level of technical expertise amid rapid development. Its comprehensive capabilities firmly place it among the top tier in the domestic industry.