Quantum software firm ArcLight Quantum raises over RMB 100M strategic funding from China Mobile Chain Leader Fund

Zhongke Huguang Quantum Software Technology Co., Ltd. (ArcLight Quantum) has raised more than $14 million (over RMB 100 million) in strategic funding from China Mobile Chain Leader Fund. Proceeds will go to quantum-AI research, senior hires, and joint work on distributed chips and new measurement-control architectures. Its products span quantum EDA, compilers and simulators — the company claims SymFT handles surface-code circuits about 2.5x faster per core than Stim — plus cloud and ML platforms. Customers include China Telecom Quantum, China Mobile Cloud Company and Sinopec.

Original sources (Chinese)