Taiyi Quant Life completed a new round of financing, with cumulative financing exceeding 1 billion yuan.

On October 10, Taiyi Quantum Technology Co., Ltd. announced the completion of a new round of financing, bringing its cumulative funding to over 1 billion yuan in just over eight months since its founding. This round was joined by new investors including Jinqiu Fund, Yunbai Capital, Hongruida Investment, Chengdu High-tech Vision Fund, and Lingang Frontier Investment, while existing shareholders such as Huakong Fund, Hengxu Capital, Boyuan Capital, Gaomai Investment, and Yarui Capital continued to increase their stakes. The funding will be mainly used for recruiting research talent, building quantum error correction and systems engineering capabilities, and advancing industry collaboration and open-source ecosystem development. The company currently focuses on the ytterbium neutral-atom technology route, targeting large-scale fault-tolerant quantum computing.