Zhengyuan Quantum Secures Nearly 100 Million Yuan to Build 1000-Qubit Superconducting Computer

Zhengyuan Quantum announced on November 10 that it has raised nearly 100 million yuan in angel funding from investors including Shenzhen Capital Group, Pudong Venture Capital, and Dening Capital, with Multidimensional Capital as exclusive financial advisor. The funds will primarily support R&D of a 1000-qubit superconducting quantum computer, accelerating verification of key technologies such as 3D packaging, cryogenic interconnects, and integrated measurement and control.

Founded in February 2026, the company focuses on quantum chip connectivity and control, addressing scaling challenges like TSV 3D packaging, cryogenic interconnects, and integrated control systems. Founder Dr. Zheng Yarui studied under Professor Zhu Xiaobo, and co-founder Wu Dachao participated in the “Zuchongzhi 3” project, bringing strong expertise in superconducting quantum technology. The company has already secured orders for devices such as parametric amplifiers, marking early commercialization.

Superconducting routes have experimentally demonstrated that scaling error correction can reduce logical error rates, but packaging, wiring, and control engineering from chip to full system remain core bottlenecks. Zhengyuan Quantum’s 1000-qubit goal aims to advance superconducting quantum computers from lab to engineering, providing critical infrastructure for the quantum computing ecosystem.