Bama Superconductive raises 100M CNY to scale fusion supply chain
What's the deal? Bama Superconductive has raised over 100 million CNY (about $14.8 million) in a Series A+ round announced in July 2026. Yida CapitalDealroom has a profile for this one. Try Dealroom → led the round, with the Fujiang Innovation Fund, Dongwu Venture Capital, and the Airport Technology Achievement Transformation Fund participating.
What's the endgame? The company supplies superconductive materials to advanced hardware sectors including quantum technology, controlled nuclear fusion, aerospace energy, and semiconductors. It aims to strengthen its position as an upstream core supplier across these industries.
Where does the money go? Bama will direct the funds toward high-end product development, core process iteration, production line upgrades, and global market expansion. It also plans to accelerate its entry into the controlled nuclear fusion ecosystem.
The signal: The round reflects investor appetite for the upstream materials that underpin frontier hard-tech, from fusion to quantum computing — betting on the suppliers rather than the headline applications.
Read more: Jiemian News