Two RMB-reported rounds of very different size expose how sensitive Chinese totals are to conversion and to what a headline chooses to bundle.
This profile is a single-company view of the same public ledger that builds the global ranking. Figures are disclosed amounts, not valuations; an empty cell means the source did not publish a number.
| Headquarters / founded | Hefei, Anhui · 2017 |
|---|---|
| Technology | quantum-computing · Superconducting |
| Region / country | China · China |
| Status | private |
| Cumulative disclosed funding | ~$560M (lower bound) |
| Global rank | #10 / 62 |
The values below are computed on this build from the live dataset. They are measurements, not commentary.
| Share of all tracked capital | 3.32% |
|---|---|
| Median, same technology | $85M |
| Median, same region | $70M |
| Nearest larger peer (same technology) | Pasqal · $590M |
| Nearest smaller peer (same technology) | Photonic Inc. · $471M |
| Published financing events | 2 |
| Cash disclosed across those events | $465M |
| Policy / public-market events | 0 / 0 |
| Unreviewed auto-collected events | 1 |
| Syndicated reports merged into these rows | 1 |
This ~$45M B+ round is described in Chinese coverage as a mix of state-backed and private funds, a structure that has no clean equivalent in a Western venture round. Origin Quantum builds superconducting chips and the control stack around them, so the money supports both fabrication access and system integration. Because the original figure is RMB-denominated, we convert at an approximate rate and treat it as a lower bound rather than a precise USD equivalent.
A ~$420M reported raise is roughly nine times the RMB-converted B+ round we recorded for Origin Quantum in 2023, a jump large enough that we treat it as an unverified headline rather than a confirmed cumulative total. Chinese-language coverage often bundles credit lines, subsidies and equity into one number, so the methodology keeps this row marked approximate. One syndicated duplicate was merged and the source URL is published.
Both figures were reported in RMB and converted at an approximate rate. They carry the ~ marker, and the USD value is a unit conversion — never a currency-hedged valuation.