Tag: Shanghai

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.

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July 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.

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May 18, 2026

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