China Archives

TuringQ Begins IPO Process as Shanghai Photonic Quantum Computing Firm Seeks China’s First Quantum Listing

Shanghai photonic quantum firm TuringQ has entered IPO tutoring with Guotai Haitong Securities, intensifying the race among Chinese quantum companies toward public listing. The company raised nearly 1 billion yuan in 2026 and holds a valuation above 7 billion yuan after its Series C. Details on its LNOI photonic chip pilot line, Gen2 systems, and commercial trajectory appear in the full report.

August 7, 2026

Heguang Quantum Reports Seed Round and Progress Toward Deterministic Photonic GKP Error Correction

Hangzhou-based Heguang Quantum has announced completion of a seed round and reported progress toward deterministic generation of photonic Gottesman-Kitaev-Preskill error correction codes. The company describes a proprietary pluggable nonlinear module intended to address probabilistic preparation barriers. Reported to be founded by Dr. Shang Yu, who trained under Academician Guo Guangcan, Heguang emphasizes modular distributed photonic systems and plans 2027 sales of its HQ10 quantum accelerator for hybrid classical-quantum use.

July 27, 2026

Quantum Sensing Intelligence Completes Beefy Angel Round to Deploy Photonic Quantum Sensors in Inertial Navigation, Gas Monitoring

Quantum Sensing Intelligence has completed an angel round of tens of millions of yuan led by Futeng Capital. The Shanghai startup, incubated at Shanghai Jiao Tong University, is commercializing photonic quantum enhancement for sensors. A miniature photonic quantum gyroscope reached navigation precision in tests, and a quantum gas detector earned CNAS certification for power grid use. Early orders and revenue confirm market demand, with funding set to expand production and R&D.

July 10, 2026

Shanghai Launches Quantum Computing Future Industry Incubation Zone with $14.7M in Subsidies

Shanghai has launched the Shanghai Quantum Computing Future Industry Incubation Zone in the Xuhui district. This initiative provides up to 100 million yuan, or about $14.7 million USD, in subsidies for foundational research and technology platforms. The zone aims to foster deep integration between quantum computing and artificial intelligence. It targets applications in biomedical research and financial technology, with an initial cohort of 26 quantum firms already on board. The ecosystem supports hybrid quantum-classical workflows and shared computing resources to lower barriers for startups.

July 6, 2026

Claim: SpinQ Completes $147M Series D Financing to Advance Fault-Tolerant Quantum Computing

SpinQ Technology has completed a $147M Series D financing round, bringing its total funding in the past six months to RMB 2 billion. The capital will accelerate development of fault-tolerant general-purpose quantum computers, including validation of new 103-qubit superconducting chips and d=3 surface-code quantum error correction targeted for 2026. The company’s Ursa Major systems are already in batch production, with products and services now reaching more than 40 countries and over 200 institutions worldwide. Dr. Xiang Jingen emphasized the long-term commitment required to deliver practical, scalable quantum computing. Note: Technical specifications and timelines are based on company-reported claims and have not been independently verified.

June 30, 2026

Claim: Tianyan Cloud Platform Integrates Photonic Tianyan-P2000 in World First for Dual Quantum Advantage

China Telecom Quantum Group reports integrating the Tianyan-P2000 photonic quantum computer into its Tianyan cloud platform. This establishes the first cloud service to deliver quantum computational advantage through both photonic and superconducting technologies. The Tianyan-P2000 is said to operate at room temperature with up to 2,682 controllable photons and completes complex tasks in 29 microseconds. The same computations would take classical supercomputers an estimated 16 billion years. Reportedly, the expanded platform now offers applications in graph data analysis, drug discovery, spectral computation, and machine vision to users in more than 60 countries.

June 29, 2026

Zhejiang University Achieves Breakthrough with World’s First Superconducting QRAM Prototype

Researchers at Zhejiang University have demonstrated the world’s first prototype of a quantum random access memory (QRAM) on a superconducting quantum chip. The system successfully accesses 4-bit and 8-bit classical data simultaneously in superposition with approximately 60 percent accuracy. Published in Nature Physics, this achievement validates QRAM architecture and helps overcome critical data access limitations in quantum computing. Led by assistant professor Lu Liqiang, the work strengthens China’s position in quantum technologies.

June 6, 2026

Juliang Guangqi Raises $28M+ USD Angel Round to Industrialize Superconducting Quantum in China

Juliang Guangqi has closed a $28M+ USD angel round, one of the largest early-stage quantum hardware financings in China. The Shanghai startup is forging silicon-substrate superconducting quantum computing to leverage mature semiconductor production lines for scalability. With backing from Heli Capital, Junshan Capital, and SMIC PE, it signals strong industrial momentum in China’s quantum sector.

May 18, 2026

China’s Origin Quantum Launches Origin Wukong-180

Origin Quantum has introduced its fourth-generation superconducting quantum computer, the Origin Wukong-180, featuring 180 computational qubits. Built on a complete domestic stack, the system offers improved gate fidelities and coherence times. It is immediately available to global users via cloud platform and supports early applications in AI model optimization, biochemistry, finance, chemistry, and smart grid analysis.

May 9, 2026

Purple smiling piggy bank up in a cosmic purply pinkish background.

Quantum Computing Weekly Round-Up: Week Ending May 2, 2026

This quantum computing weekly round-up captures a week of serious momentum. Investors poured fresh capital into trapped-ion and spin-qubit hardware while the Defiance QTUM ETF crossed $4 billion. Japan saw its first enterprise quantum computer purchase, and the crypto world got a stark reminder of Q-day risks with a record elliptic-curve attack.

May 1, 2026

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