Funding round
Origin Quantum Series B
Origin Quantum, which works in quantum computing hardware manufacturing in Hefei, raised $148M in a Series B round announced on 1 Jul 2022, led by Shenzhen Capital Group. 2 firms took part. It is Origin Quantum's first venture round on record.
$148M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Origin Quantum did not disclose a valuation in this round. It is Origin Quantum's first venture round on record, 5 years after it was founded in 2017. It is 25% of the $588M Origin Quantum has raised in the venture rounds on record. Origin Quantum raised again 47 months later: a Growth round of $440M in Jun 2026, at $3.50B post-money.
Origin Quantum's funding rounds
Origin Quantum has 2 venture rounds on record. This one is highlighted.
- Series B this round 1 Jul 2022, led by Shenzhen Capital Group $148M
- Growth 25 Jun 2026, led by China North Industries Group $440M$3.50B post-money
Investors
Who put money in
Shenzhen Capital Group led the round with 1 other firm.
Lead investor
- backs 17 venture-backed companies new investor
Also in the round
- local-level government-affiliated investment funds new investor
Comparable rounds
How it compares
948 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was 4.9 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 13 Jul 2022 | $105M | not disclosed | Snowpoint Ventures and Baillie Gifford |
| Tech Companies | 26 Jul 2022 | $75M | not disclosed | Durable Capital Partners |
| Tech Companies | 21 Jul 2022 | $60M | not disclosed | Coatue |
| Tech Companies | 28 Jul 2022 | $40M | not disclosed | Stripes and Insight Partners |
| Tech Companies | 27 Jul 2022 | $40M | not disclosed | Primus Capital |
| Tech Companies | 14 Jul 2022 | $30M | not disclosed | Insight Partners |
| Tech Companies | 15 Jul 2022 | $30M | not disclosed | Tiger Global |
| Tech Companies | 26 Jul 2022 | $30M | $250M | Tiger Global |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Origin Quantum raise in its Series B round?
Origin Quantum raised $148M in its Series B round, announced in Jul 2022.
Who led Origin Quantum's Series B round?
Shenzhen Capital Group led it, with local-level government-affiliated investment funds.
What was Origin Quantum's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
948 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $30M, and this round was 4.9 times the median.
Did Origin Quantum raise again after this round?
Yes: a Growth round in Jun 2026 of $440M at $3.50B post-money.