Atom Computing Raises $60M Series B To Build Second-Generation Quantum Computing Systems

Atom Computing, the creators of the first quantum computer made of nuclear-spin qubits from optically-trapped neutral atoms, today announced closure of a $60M Series B round. Third Point Ventures led the round, followed by Primer Movers Lab and insiders including Innovation Endeavors, Venrock and Prelude Ventures. Following the completion of their first 100-qubit quantum computing system with world-record 40 second coherence times, Atom Computing will use this new investment to build their second-generation quantum computing systems and commercialize the technology.