Announced
Completed
Financials
Sources
Tags
Computer Hardware
Friendly
Private
China
Single Bidder
quantum computing
Private Equity
Completed
Acquisition
Domestic
Venture Capital
Minority
Synopsis
Shenzhen Capital Group, a limited venture capital company, led a $148m Series B funding round in Origin Quantum, a full-stack quantum computing company, with participation from CITIC Securities and China International Capital, as well as Bank of China Group Investment. As a new technology, quantum computing is expected to ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured.
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