# Jiuzhang

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jiuzhang

- Industry: Industrial Machinery
- Headquarters: Jinan, China
- Website: www.jiuzhangqt.com
- Latest round: Series A (Apr 10, 2025)
- Investors on record: 4

## About

Established in 2022 and based in Jinan, China. Jiuzhang operates as a photonic quantum computing device developer that focuses on the field of optical quantum computing. The company's CSO, Chaoyang Lu, holds a PhD in physics from Cambridge University. In April 2025, the company closed series A++ funding from new investors R-Z Capital, USTC Sinovate Software Co., Ltd., Hangzhou West Lake Education Foundation, and HuYangLin Capital Management.

Jiuzhang specializes in the research and development of optical quantum computing technologies. Its offerings include key components for the entire optical quantum computing chain, specialized optical quantum simulators, and general-purpose quantum computers tailored for practical applications. Additionally, the company offers quantum education products designed to facilitate learning and exploration in the quantum domain. These innovations are targeted towards academic institutions, research organizations, and industries engaged in scientific endeavors, primarily serving clients within China while also aiming at international markets focused on quantum research and technology.

The revenue model for Jiuzhang revolves around B2B transactions, particularly with academic institutions, research facilities, and commercial enterprises in the technology sector. The company engages in direct sales of its quantum computing components and systems and likely forms partnerships that involve collaborative projects and educational initiatives. 

Jiuzhang plans to enhance its product line with the launch of new quantum computing technologies by the end of 2025. The company aims to expand its market presence beyond China into regions such as North America and Europe, targeting these markets for growth by 2026. It will use the series A++ funding to support these initiatives, facilitating product development and market entry strategies.

## Funding rounds

- Series A, Apr 10, 2025 — HuYangLin Capital Management, R-Z Capital, USTC Sinovate Software Co., Ltd., Hangzhou West Lake Education Foundation

## Investors

- HuYangLin Capital Management (https://capitalatlas.ai/funds/huyanglin-capital-management) — Series A
- R-Z Capital (https://capitalatlas.ai/funds/r-z-capital) — Series A
- USTC Sinovate Software Co., Ltd. — Series A
- Hangzhou West Lake Education Foundation — Series A
