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SpinQ Secures $145 Million to Scale Global Quantum Computing Industrialization
NewDecoded
3 min read
Image by SpinQ Technology Inc
Global Expansion and Industrial Scaling
SpinQ Technology has successfully closed a 600 million CNY Series C+ funding round. This latest injection brings the company’s total Series C capital to nearly 1 billion CNY, or approximately 145 million dollars, in just three months. The investment was supported by prominent groups including Guotai Junan Innovation Investment, Cornerstone Capital, and Sichuan Zhenxing Group. The Shenzhen-based firm plans to use these funds to accelerate the mission of scaling industrial superconducting quantum computing. Specific focus areas include the research and development of high-qubit superconducting chips and the expansion of standardized hardware production lines. This strategy aims to meet growing global demand for programmable and fault-tolerant systems.
A Dual-Hardware Approach
CEO Dr. Jingen Xiang stated that this funding accelerates the company's ability to deliver universal quantum power to the global market. SpinQ is currently the first company to achieve product coverage across all five continents. By delivering systems to over 40 countries, they are transitioning from a research-focused startup to a global industrial player. Learn more The company maintains a unique dual-hardware strategy that balances educational-grade NMR products with industrial-grade superconducting systems. Educational tools like the Gemini Mini allow students at institutions like Vassar College to engage with physical quantum hardware. This approach generates immediate revenue while building a future workforce trained on SpinQ technology. Education Case Study On the industrial front, the Ursa Major superconducting systems represent the core of their future commercial applications. As of early 2026, the superconducting business accounts for 65 percent of the company’s total revenue. SpinQ is now positioned to provide one-stop solutions for industries ranging from fintech to biomedicine. Industrial Solutions
The massive influx of capital into SpinQ signals a pivotal shift in the quantum industry from theoretical experimentation to standardized manufacturing. By successfully commercializing low-cost NMR desktop units for the education sector, SpinQ has created a sustainable financial engine to fund the capital-intensive development of high-qubit superconducting processors. This model challenges the traditional reliance on pure venture capital by proving that quantum hardware can be profitable today. Furthermore, the company’s expansion into 40 countries suggests that the quantum race is moving toward a global distribution phase where accessibility and ease of use are just as important as raw qubit counts.
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