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Tencent

Chinese technology conglomerate; participated in IQM Quantum Computers' €39M Series A (November 2020) as a strategic investor.

Tencent Holdings Limited, a Chinese technology conglomerate founded in 1998 and headquartered in Shenzhen — the world's largest video game publisher and operator of WeChat, with roughly $105B in trailing-12-month revenue and a market cap of approximately $557B (August 2026). Beyond its core businesses, Tencent runs an internal Tencent Quantum Lab and has made scattered strategic quantum-computing bets, including IQM's €39M Series A (Nov 2020, alongside lead investor MIG Fonds) and a $12–18M round for Singapore's Horizon Quantum Computing — a modest, recurring but opportunistic pattern rather than a dedicated quantum or defense-tech fund. No individual Tencent dealmaker was named in coverage of the IQM round.

Overview

Firm
Tencent Holdings
Headquarters
Shenzhen, China
Founded
1998
AUM
Stages
Thesis

Portfolio companies1

Partners0

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Sources & citations3

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    IQM raised €39M in Series A funding with Tencent among the new investors, November 2020

    IQM: Europe is on its way to quantum leadership: IQM raises €39M in Series A funding
    Verified2020-11-01
  2. 2

    Tencent backed Horizon Quantum Computing's $18.1M round

    TechCrunch: Tencent backs Horizon Quantum Computing's $18.1M round
    Verified2023-04-03
  3. 3

    Tencent Holdings was founded in 1998 and is headquartered in Shenzhen, China

    Wikipedia: Tencent
    Verified2026-08-09