Chinese quantum computing developer SpinQ has finalized a RMB 1 billion (~$147 million USD) Series D financing round. This latest transaction brings the Shenzhen-based company's total capital raised over a six-month window to RMB 2 billion, following a sequence of intensive private funding injections that mirror a broader consolidation trend across China's domestic quantum computing [...] The post SpinQ Closes RMB 1 Billion (~$147 million USD) Series D Capitalization to Scale Fault-Tolerant Superconducting Quantum Computing Platforms appeared first on Quantum Computing Report .

Source: Quantum Computing Report — read the full report at the original publisher.

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