ZhenFund led the latest funding round for Qisuan Guangqi, advancing the development of optical computing chips and systems
Funding will be directed toward core technology R&D, product iteration, and talent development.
Recently, Shanghai Qisuan Guangqi Information Technology Co., Ltd. ("Qisuan Guangqi") completed its angel round and angel+ round of financing. Since its founding, the company has raised several hundred million yuan in total.
The angel round was led by Hillhouse, with Baidu Venture and Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. participating as co-investors. The angel+ round was jointly led by Hillhouse, ZhenFund, and Shanghai Future Industry Fund, with Tongchuang Weiyue joining as a co-investor. Existing shareholders Shenliu Capital, Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd., and Baidu Venture continued to increase their stakes. Mind Capital served as the exclusive financial advisor. The proceeds will continue to be directed primarily toward core technology R&D and talent development.
Qisuan Guangqi founder Hansen Zhong is a PhD candidate at the University of Science and Technology of China, where he studies under Professor Chaoyang Lu and focuses on optical quantum computing. He was a core member of the team that developed the "Jiuzhang" series of quantum computing prototypes. In October 2024, he founded Shanghai Qisuan Guangqi Information Technology Co., Ltd. and formally embarked on his entrepreneurial journey.
The ZhenFund investment team commented: "Dr. Zhong is a rare young founder capable of bridging cutting-edge research and industrial entrepreneurship. He not only has a deep understanding of computing challenges, but can also break down complex problems into R&D objectives, product roadmaps, and organizational responsibilities. We believe such a founder and team deserve long-term support."
To date, Qisuan Guangqi has completed tape-out and partial validation of key modules for a 256×256 optical computing chip, and continues to advance development of larger-scale optical computing chips, supporting electronic chips, and AI infrastructure capabilities to accelerate the practical application of optical computing technology.
Hansen Zhong, founder of Qisuan Guangqi, said: "This financing represents support and recognition of our technical approach and progress to date, and also brings greater responsibility and expectations. We will continue to start from AI demand, steadily advance optical computing chip and system R&D, and devote more resources to key technologies and exceptional talent."
Going forward, ZhenFund will continue to support the Qisuan Guangqi team in bringing optical computing out of the laboratory and into industry, making it an important component of high-efficiency computing infrastructure in the AI era.
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