From chips to thousand-qubit complete machines, superconducting quantum computing still has a tough battle ahead

What happened: Zheng Yuan Quantum, founded in 2026, announced a nearly RMB 100 million angel round on November 10 to fund development of a thousand-qubit superconducting quantum computer and validation of 3D packaging, cryogenic interconnect and integrated control technologies. Key numbers: Nearly RMB 100 million angel round; investors include Shenzhen Capital Group, Pudong Venture Capital, Why it matters: Scaling beyond single chips requires solving wiring, packaging and control bottlenecks, and the round ties the company's chip-level interconnect work to those system-level challenges. Coverage: 3 outlets in 24h

Zheng Yuan Quantum, founded in 2026, announced a nearly RMB 100 million angel round on November 10 to fund development of a thousand-qubit superconducting quantum computer and validation of 3D packaging, cryogenic interconnect and integrated control technologies.

Scaling beyond single chips requires solving wiring, packaging and control bottlenecks, and the round ties the company's chip-level interconnect work to those system-level challenges.