Quantum
CQMTEK Raises More Than $15 Million For Quantum Measurement Expansion
Publication: The Quantum Insider
Author: Matt Swayne
Source published: 04/11/2026, 12:37:13 UTC
Briefing created: 04/11/2026, 14:10:12 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 04/11/2026, 13:49:25 UTC.
Briefings
CQMTEK, a Guoce Quantum Technology subsidiary, secured over 100 million yuan in pre-Series B financing from state-owned funds Huzhou Jinkun and Huzhou South Taihu Juchuang, valued at approximately 15 million US dollars. The investment, announced July 16, supports manufacturing expansion, product testing, and market entry into sectors like telecommunications and AI computing. Production of chip-scale atomic clocks has already been achieved using domestic technology.
Key points
- CQMTEK raised over 100 million yuan (about 15 million US dollars) in pre-Series B financing from Huzhou Jinkun and Huzhou South Taihu Juchuang.
- The investment was announced on July 16 and will fund research, manufacturing, and expansion into markets including telecommunications and AI computing.
Context
CQMTEK is a Guoce Quantum Technology subsidiary headquartered in Huzhou, established through a Peking University initiative. It has already achieved batch production of chip-scale atomic clocks using domestic technology and components, with research and manufacturing bases in Huzhou and Wenzhou.
Limitations
The company did not disclose a valuation or the specific ownership stakes acquired by the investors. The source text was computer translated, and the company did not disclose a valuation or the ownership stakes acquired by the investors.
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