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§ Private Profile · Cambridge, MA, USA
Hardware company developing scalable, fault-tolerant quantum computers using fluxonium qubits for complex computational challenges.
Based in Cambridge, Massachusetts, Atlantic Quantum develops scalable, fault-tolerant quantum computers utilizing superconducting fluxonium qubit technology to address complex computational challenges. Operating a secondary facility and chip fabrication laboratory at Sweden's Chalmers University of Technology, the hardware manufacturer focuses on overcoming industry scaling limitations and high error rates to build commercially viable systems. The enterprise was founded in 2022 by researchers from MIT, including Bharath Kannan, Simon Gustavsson, Tim Menke, Youngkyu Sung, Jonas Bylander, Leon Ding, Shereen Rogers, and William Oliver. Emerging from stealth, the startup secured $9 million in seed funding led by The Engine, alongside equity participation from Glasswing Ventures, Future Labs Capital, and Thomas Tull. Additionally, the firm was awarded a $1.25 million Direct-to-Phase II SBIR contract from the United States Air Force through AFWERX to advance its proprietary quantum computing components.
Atlantic Quantum has raised $9.0M across 1 funding round.
Atlantic Quantum has raised $9.0M in total across 1 funding round.
Atlantic Quantum has raised $9.0M in total across 1 funding round.
Atlantic Quantum's investors include Thomas Tull, Milo Werner, E14 Fund, Future Labs Capital.
Atlantic Quantum has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Seed in July 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 21, 2022 | $9M Seed | Thomas Tull, Milo Werner | E14 Fund, Future Labs Capital | Announced |