What happened
Shanghai-based JuLiang GuangQi Computing Technology has completed a 300 million yuan angel+ financing round, led by China Reform Fund, with participation from multiple investors including Fosun Chuangfu, Xingxiang Capital, and others. Existing shareholder Junshan Capital made an additional oversubscribed investment.
The company, founded in 2025, focuses on superconducting quantum computing, offering full-stack solutions from chips to complete systems. It has developed first-generation single-layer and second-generation dual-layer chips, with the latter achieving over 100 qubits and completing packaging.
JuLiang GuangQi has already generated revenue from quantum chip sales and related business, and is in talks with industrial clients, data centers, and computing centers for collaborations involving several quantum computers.
Why it matters
This funding round highlights the accelerating capital activity in the superconducting quantum computing sector, driven by policy support and intensifying global competition. The company's rapid successive funding rounds within months underscore investor confidence in its technology and market potential.
The company's progress in chip development and its 'quantum-supercomputing integration' concept with data centers could signal a trend toward practical quantum computing applications in commercial settings.
Key facts
JuLiang GuangQi completed a 300 million yuan angel+ round led by China Reform Fund.
The company has raised a total of 500 million yuan in angel rounds, with the latest round occurring just over three months after the previous one.
Founded in 2025 and headquartered in Xuhui District, Shanghai, the company provides full-stack superconducting quantum solutions using an IDM model.
Its second-generation chip features over 100 qubits and has been packaged.
The company has already achieved revenue from quantum chip sales and related business.
What to watch next
Whether JuLiang GuangQi can scale its chip manufacturing and deliver on its 'quantum-supercomputing integration' architecture with partners like普洛斯隐山资本.
How the company's technology compares with competitors like 逻辑比特 and 本源量子, which have reported high qubit counts and gate fidelities.
The potential impact of policy initiatives, such as Shanghai's 15th Five-Year Plan promoting quantum AI architectures, on the company's growth.