# MatriQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matriq-2

- Industry: Hardware
- Headquarters: Hangzhou, China
- Latest round: Series A (Aug 19, 2026)
- Investors on record: 15

## About

Based in Zhejiang, China and founded in 2025, Hangzhou Quantum Matrix Computing Co., Ltd., trading under the name MatriQ, provides neutral atom quantum computing systems for the hardware industry. The company's founder, Xiyuan Xia, holds a PhD from Zhejiang University. The other co-founders, Shenghua Duan and Zihao Fu hold PhD in Quantum Physics and Optical Engineering, respectively.

In August 2026, MatriQ closed a round of Series A+ funding from YF Capital, Sanqi Interactive Entertainment Venture Capital, Puhua Capital, Caitong Capital, Shanghai Pudong Hi-tech Investment, Tang Xing Capital, Boray Capital, Vinno Capital, Haibang Venture, Minyin International Investment, and other investors.

MatriQ works with enterprise clients to provide neutral atom quantum computing systems and full-stack hardware. The systems feature programmable atom rearrangement capabilities and a partitioned architecture designed to support fault-tolerant quantum computing and logical qubit operations.

The company generates revenue by doing research and providing quantum computing services and other related products.

The company plans to use the series A funding to accelerate system engineering optimization, advance logical qubit technology development, and promote commercial product delivery.

## Funding rounds

- Series A, Aug 19, 2026 — Shanghai Pudong Hi-tech Investment, YF Capital, Haibang Venture, Puhua Capital, Vinno Capital, Caitong Capital, Minyin International Investment, Tang Xing Capital, Sanqi Interactive Entertainment Venture Capital, Boray Capital
- Series A, May 22, 2026 — Vertex Ventures China, Lighthouse Capital, Minyin International Investment, Monolith Management
- Angel, Mar 11, 2026 — Vertex Ventures China
- Seed, Nov 7, 2025 — Oriza Holdings, Lighthouse Capital, Fibonacci VC

## Investors

- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Seed
- Lighthouse Capital (https://capitalatlas.ai/funds/lighthouse-capital) — Seed, Series A
- Fibonacci VC (https://capitalatlas.ai/funds/fibonacci-vc) — Seed
- Vertex Ventures China (https://capitalatlas.ai/funds/vertex-ventures-china) — Angel, Series A
- Minyin International Investment — Series A
- Monolith Management (https://capitalatlas.ai/funds/monolith-management) — Series A
- Shanghai Pudong Hi-tech Investment (https://capitalatlas.ai/funds/shanghai-pudong-hi-tech-investment) — Series A
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series A
- Haibang Venture — Series A
- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series A
- Vinno Capital (https://capitalatlas.ai/funds/vinno-capital) — Series A
- Caitong Capital (https://capitalatlas.ai/funds/caitong-capital) — Series A
- Tang Xing Capital (https://capitalatlas.ai/funds/tang-xing-capital) — Series A
- Sanqi Interactive Entertainment Venture Capital (https://capitalatlas.ai/funds/sanqi-interactive-entertainment-venture-capital) — Series A
- Boray Capital (https://capitalatlas.ai/funds/boray-capital) — Series A