Turbo X

Operating from its headquarters in Beijing, Turbo X functions as a business incubator with a specific focus on the technology sector. The company was established in 2021 to support emerging small and mid-size technology enterprises by mitigating the inherent risks and financial burdens associated with early-stage ventures.

The core of Turbo X's business model is providing essential infrastructure and physical office spaces for rent. This approach allows client startups to operate in a professional environment without the significant capital expenditure typically required for such facilities. The company serves technology-focused startups, aiming to enhance their probability of success. The business generates revenue through rental fees for its spaces and potentially from other consulting and infrastructure services.

Since its founding, Turbo X has secured backing from the venture capital community. The company's funding history includes a corporate round in May 2022, followed by two subsequent early-stage VC rounds in August 2022 and February 2023. Key investors in these rounds include Xinyi Capital and Newlink Technology, indicating confidence from established players in the investment and technology sectors.

Keywords: business incubator, technology incubator, startup infrastructure, office space rental, venture capital-backed, Beijing startup ecosystem, entrepreneurial support, SME support, Chaoyang District, corporate real estate, startup services, tech enterprise services, entrepreneurial risk reduction, Newlink Technology, Xinyi Capital, startup funding, early-stage ventures, workspace solutions, innovation center, commercial property