Tsinghua-affiliated Quantum Computing Firm Secures Hundreds of Millions in Funding
Quantum computing company Liangyi Wanxiang (Beijing) Technology Co., Ltd. has successfully closed an A+ funding round, raising hundreds of millions of yuan. The round was led by IDG Capital, with participation from Cornerstone Ventures, Shanghai Sci-Tech, CSC Investment, and Haitang Fund. Existing investors, including Shunwei Capital and iFlytek, also contributed additional investment. The newly acquired funds will be allocated towards advancing technological research and development, expanding the company's team, and constructing its quantum computing hardware.
Founded in 2024 and incubated by Tsinghua University's cold atom quantum computing research team, Liangyi Wanxiang has established the 'Beijing Key Laboratory of Cold Atom Quantum Computing' in collaboration with the university's research group. This partnership leverages the university's expertise in fundamental research while Liangyi Wanxiang focuses on engineering implementation and ecosystem development. The company has achieved a significant milestone by capturing 11,000 atoms, surpassing the previous world record of 6,100 atoms held by Caltech. This breakthrough positions Liangyi Wanxiang as a leading contender in the atomic technology route for quantum computing, aiming to compete with top international teams from institutions like Caltech, Harvard, and MIT.
Liangyi Wanxiang is developing its first-generation atomic quantum computer on a self-developed optical tweezer platform, capable of creating programmable atomic arrays with hundreds to thousands of qubits. The company has also independently developed key components such as a miniaturized atomic beam source and optical metasurfaces for generating large-scale optical tweezer arrays. These innovations are crucial for capturing a vast number of atomic qubits. Furthermore, the company has created a suite of electronic measurement and control products for atomic quantum computing, including optical tweezer feedback control systems and integrated controllers. Some of these components have already been commercialized and sold to academic and research institutions, generating early revenue. Liangyi Wanxiang has also formed a joint venture with iFlytek to integrate quantum technology with artificial intelligence and established a wholly-owned subsidiary for developing quantum cloud platforms and software.
The substantial funding secured by Liangyi Wanxiang underscores the significant investment interest in quantum computing, particularly in the atomic qubit approach. The company's strategy of closely integrating fundamental research from Tsinghua University with its own engineering and commercialization efforts appears designed to accelerate development and mitigate risks inherent in long-term, complex scientific endeavors. This model, which also includes parallel commercialization of enabling technologies, aims to generate revenue and validate engineering capabilities while pursuing the ultimate goal of a functional quantum computer. The competitive landscape, characterized by multiple technological routes and intense global R&D, suggests that sustained innovation, robust talent acquisition, and strategic partnerships will be critical for long-term success in this rapidly evolving field.
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