TuringQ - About the company
TuringQ is a series B company based in Shanghai (China), founded in 2021 by Xianmin Jin. It operates as a Provider of quantum computing chips. TuringQ has raised $92.9M in funding from investors like Yuanhe Holdings, Legend Capital and Orient Securities. The company has 23 active competitors, including 13 funded and 2 that have exited. Its top competitors include companies like PsiQuantum, Atom Computing and Quandela.
Company Details
Provider of quantum computing chips. It offers quantum computing software, optical quantum chip, and optical quantum computing operating systems. Its quantum computers are equipped with a continuous narrow linewidth semiconductor laser that can achieve quasi-phase matching combined with a high-precision temperature control module scheme and high stability Elastic vibration isolation system to prepare ultra-high quality and ultra-high brightness quantum light source.
Key Metrics
Founded Year
2021
Location
Shanghai, China
Stage
Series B
Total Funding
$92.9M in 5 rounds
Latest Funding Round
Investors
Ranked
10th among 23 active competitors
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TuringQ's funding and investors
TuringQ has raised a total funding of $92.9M over 5 rounds. Its first funding round was on Nov 2021. Its latest funding round was a Series B round on Jul 21, 2025 for $*****. 1 investor participated in its latest round. TuringQ has 11 institutional investors.
Here is the list of recent funding rounds of TuringQ:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2025 | 3689173 | Series B | 2449302 | 7448335 | 7982396 | 7741293 |
Jan 30, 2023 | 6734549 | Series A | 6978401 | 6293619 | 4662289 | 8210213 |
Mar 02, 2022 | 1266324 | Series A | 1968669 | 9776580 | 5546093 |
View details of TuringQ's funding rounds and investors
TuringQ's founders and board of directors
Founder? Claim ProfileThe founders of TuringQ is Xianmin Jin.
Here are the details of TuringQ's key team members:
- Xianmin Jin: Founder of TuringQ.
View details of TuringQ's Founder profiles and Board Members
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TuringQ's Competitors and alternates
Top competitors of TuringQ include PsiQuantum, Atom Computing and Quandela. Here is the list of Top 10 competitors of TuringQ, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PsiQuantum 2015, Palo Alto (United States), Series E | Developer of photon-based universal quantum computers | $2.32B | 72/100 | |
2nd | Atom Computing 2018, Berkeley (United States), Series C | Developer of quantum computers using arrays of optically-trapped neutral atoms | $201M | 64/100 | |
3rd | Developer of quantum computing hardware, software, cloud access, and related services | $70.8M | 62/100 | ||
4th | ORCA 2019, London (United Kingdom), Series A | Developer of photonic quantum computing systems for machine learning applications | $18.7M | 62/100 | |
5th | QuiX Quantum 2019, Enschede (Netherlands), Series A | Provider of photon-powered quantum computing processors | $23.2M | 57/100 | |
6th | Quanfluence 2021, Bengaluru (India), Seed | Provider of quantum computing system and services | $2M | 56/100 | |
7th | Quantum Source 2021, Rehovot (Israel), Series A | Developer of quantum computers with qubits | $77M | 56/100 | |
8th | Bose Quantum 2021, Beijing (China), Series B | Developer of AI-based universal hybrid quantum computers | $145M | 56/100 | |
9th | Pixel Photonics 2020, Munster (Germany), Seed | Provider of single-photon detectors | $9M | 54/100 | |
10th | Provider of quantum computing chips | $92.9M | 53/100 |
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TuringQ's Investments and acquisitions
TuringQ has made no investments or acquisitions yet.
News related to TuringQ
Media has covered TuringQ for 1 event in last 1 year.
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