Taiyi Quantum Raises 300 Million Yuan ($44 Million USD) to Commercialize Ytterbium Neutral-Atom Quantum Computers - Quantum Computing Report

Sovereign neutral-atom hardware developer Taiyi Quantum Technology Co., Ltd. (Shanghai)—alternatively known as Taiyi Liangsheng—has closed a heavily oversubscribed 300 million yuan ($44 million USD) strategic financing round. The capital injection adds to a previous 100 million yuan angel round closed in March 2026, bringing the startup’s total capital raised since its founding in January 2026 to over 400 million yuan ($59 million USD). The late-stage transaction was co-led by institutional venture firms Gaorong Ventures and IDG Capital, alongside prominent domestic strategic backers including SAIC Financial, Hengxu Capital (the venture arm of SAIC Motor), and CETC Fund (defense electronics). The multi-tiered capitalization [...]

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