Zhengyuan Quantum raises angel funding for a 1,000-qubit quantum computer

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A new Chinese quantum startup has secured early funding. The Quantum Insider reports that Zhengyuan Quantum has raised an angel round to build a 1,000 qubit superconducting quantum computer

Backers include Shenzhen Capital Group, Pudong Venture Capital, Dening Capital, Xiangjiang Xincheng and the Shenzhen Angel Fund of Funds. The amount has not been disclosed

The company was founded in 2026 and will use the money for 3D packaging, low temperature connections and integrated measurement and control. Founder Zheng Yarui holds a PhD from the Chinese Academy of Sciences Institute of Physics, and co-founder Wu Dachao worked on research linked to the Zuchongzhi 3.0 processor

It already has orders for quantum chips and signal amplifiers, though customers and values were not named. No delivery timeline was given for the 1,000 qubit machine

Packaging and wiring are some of the hardest problems in scaling superconducting qubits, so focusing there makes sense. A team linked to Zuchongzhi brings relevant experience. Early orders for components suggest a practical business plan alongside the big goal

How quickly is China's quantum industry growing? And are component suppliers the smart way to build a quantum business?

Zhengyuan Quantum Raises Angel Funding For 1,000-Qubit Computerthequantuminsider.com