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Logic Bit Technology officially announced a Series A funding round of several hundred million yuan.

2026-07-09 08:26:23

Mars Finance reported that “Logic Bit Technology” has officially announced that it has completed its Series A financing of several hundred million yuan. This round was jointly led by Kangjun Capital and Chaos Investment, with co-investors including China Development Bank Science & Innovation, Yuanjing Capital, the Shanghai Future Industry Fund, IDG Capital, the Semiconductor Integrated Circuit Industry Fund Zhongxin Juyuan, and Xinlian Capital, as well as Honghui Fund, TCL Venture, Houxue Capital, and others. In addition, existing shareholders including Matrix Partners China, Eastern Jiafu, Dachen Caizhi, Huakong Fund, Shenzhen Capital Group, Zheda Alumni Fund, the “Ou Fang Angel,” and Huaxia Hengtian continued to increase their investment in this round. The proceeds from this financing will mainly be used for R&D and the construction of a new generation of high-performance superconducting quantum chips and automated production lines, accelerating the deployment of an internationally leading quantum computing cloud platform, and recruiting high-caliber talent.

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