Zhengyuan Quantum Completes Angel Round Financing to Advance Development of Thousand-Qubit Superconducting Quantum Computer

On November 10, Jiemian News learned that superconducting quantum computing company Zhengyuan Quantum announced the completion of its angel round of financing, with investors including Shenzhen Capital Group, Pudong Venture Capital, Dening Capital, Xiangjiang Xincheng, and Shenzhen Angel Mother Fund, among other institutions. Duowei Capital served as the exclusive financial advisor. The funds from this round will be mainly used for the research and development of a kilobit superconducting quantum computer, as well as the verification of key technologies such as 3D packaging, cryogenic interconnects, and integrated measurement and control.