The fledgling company aims high with a team of intellectual elites
Quantum computing
China’s ion trap quantum computing company Huayi Quantum (Chinese: 华翊量子) has closed its angel financing round worth over CNY 100 million (USD 15.4 million).
The lead investor is Gaorong Capital, joined by Sequoia Capital China, Turing Ventures, Aurisco (605116) (Chinese: 奥锐特), and MiraclePlus.
Founded in January 2022 by core members from Tsinghua University Center for Quantum Information, the high-tech firm aims to develop modular, standardized, large-scale quantum computers, advanced ion trap quantum computing systems, and accessible quantum cloud platforms.
“Construction of a stable and reliable quantum computer is a very challenging scientific and engineering problem with a high barrier entry,” said Dr. Lin Yao, CEO of Huayi Quantum.
The core members of Huayi Quantum are all doctors and postdocs in relevant research fields at Tsinghua University, providing the team with a solid technical foundation.
Professor Luming Duan, founder of the company and an internationally renowned expert in quantum information, was once a full professor at the University of Michigan and is now the executive director of Tsinghua University Center for Quantum Information.
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