Eight-horse superconductivity completes over $100 million A+ round financing

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Mars Finance reported on July 16 that recently, Bapi Ma Superconducting completed over 100 million yuan in Series A+ financing. This round was led by Yida Capital, with follow-on investment from Fuzhou River Innovation Fund, Dongwu Venture Capital, and Konggang Science and Technology Achievement Transformation Fund. According to Bapi Ma Superconducting, the funds raised in this round will be mainly invested in tackling key technologies for high-end product models, iterating core processes, upgrading the entire production line, and expanding into global markets, further strengthening the company’s position as a leading core supplier in frontier hard-tech industrial chains such as quantum technology, controlled nuclear fusion, aerospace energy and power, and semiconductors, and accelerating its full entry into the controlled nuclear fusion industry ecosystem. (Venture Capitalist CLUB)
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