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TuringQ, a Shanghai-based quantum firm, has initiated pre-IPO tutoring and has secured nearly 1 billion yuan in 2026. The company aims to become China's first public quantum computing firm.
PRIVATEAug 08, 2026•about 18 hours ago
Amount Raised
$148 Million
Round Type
Series C
ShanghaiManufacturing
Description
TuringQ has launched pre-IPO preparations with the Shanghai Securities Regulatory Commission. The firm has secured substantial funding to advance quantum computing technologies. This step positions TuringQ at the forefront of China's quantum ecosystem.
Company Information
Company
TuringQ
Location
Shanghai, China
About
TuringQ is a Shanghai-based photonic quantum firm that focuses on photonic quantum architectures, distinguishing itself from the more common superconducting or trapped-ion approaches. Founded in February 2021, the company aims to advance practical photonic quantum computers and cultivate a broader quantum algorithm ecosystem. TuringQ's pilot production facility started in June 2025, allowing for wafer-scale manufacturing of photonic chips.
ShanghaiManufacturing