SpinQ Technology, a Shenzhen-based quantum computing firm, has completed a Series C financing round, raising hundreds of millions of RMB to accelerate its industrialization efforts. The funding round was co-led by Longli Technology, Jadex Capital (Jingkai Capital), HTHS Capital (Hengtai Huasheng), ADDOR Capital (Yida Capital), Qingdao Hanrui, and Hainan Fengkaixiang. Existing investors Kuang Zhong and Xia Zuoquan also participated with follow-on capital. This latest injection brings the company’s total funding to several hundred million RMB across six rounds, supporting its transition from research-led development to large-scale industrial deployment.
The capital is earmarked for the research and development of full-stack superconducting quantum technologies. Specifically, SpinQ plans to iterate on its “Shaowei” series of superconducting quantum chips, focusing on new fabrication processes, quantum error correction protocols, and high-precision measurement and control hardware. By advancing its “hardware + software + service” infrastructure, the company intends to increase the reliability and qubit count of its superconducting systems, targeting a 100-qubit processor as it moves toward utility-scale computing.
Unlike many industry peers focused solely on long-term R&D, SpinQ has established a commercial revenue stream through a two-tiered hardware strategy. The company currently exports portable, educational-grade nuclear magnetic resonance (NMR) quantum computers to over 40 countries, providing a low-maintenance entry point for universities and research centers. Simultaneously, it is deploying industrial-grade superconducting systems and measurement/control hardware to global markets, including the Middle East and Western Europe. This “dual-driven” approach allows the firm to iterate on high-performance superconducting architectures while maintaining a cash-positive educational hardware business.
This investment reflects a broader strategic shift within the Chinese quantum sector toward global commercialization and localized supply chain resilience. Founder and CEO Xiang Jingen noted that the funding will facilitate the deepening of industrial cooperation and the expansion of globalization efforts. By leveraging the resources of its new institutional partners, SpinQ aims to integrate quantum accelerators into high-performance computing (HPC) environments and develop domain-specific algorithms for finance, biopharma, and materials science, positioning itself as a primary infrastructure provider for the emerging quantum economy.
Read the official funding announcement from SpinQ Technology here and the technical background on their superconducting chip series here.
January 22, 2026
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