Cooola Quantum Technology (Wuhan) Co., Ltd. has announced the successful completion of a strategic financing round amounting to nearly 100 million yuan. This financing was exclusively provided by China Mobile’s Leading Fund. The capital will be mainly allocated to the research and development of quantum computing hardware, the iterative enhancement of products and technologies, and the thorough exploration of potential application scenarios.
As the first enterprise in China to possess both atomic quantum computing and quantum precision measurement R&D and industrialization capabilities, and recognized as the "leading enterprise" in Hubei Province's quantum technology industry chain, Cooola Quantum boasts a seasoned core team. In 2024, the company unveiled China's first atomic quantum computing system, the "Hanyuan No.1," which offers significant advantages in terms of qubit scalability and overall system deployment. Currently, the "Hanyuan No.1" has achieved commercial delivery, with plans to commence overseas delivery of the entire system next year. Following that, the company intends to launch a new generation product, the "Hanyuan No.2."
Moreover, the company is actively enhancing its software and platform capabilities, having already developed a cloud platform tailored for atomic quantum computing. Founder Tang Biao remarked that this financing round will provide robust support for the company's ongoing technological advancements and the commercialization process of atomic quantum computing.
