Oratomic, a neutral atom quantum computing company that officially launched only this year, announced it has raised $300 million in its Series A.
The round was co-led by ARCH Venture Partners, Spark Capital, Khosla Ventures, alongside Bezos Expeditions, Index Ventures, General Catalyst, Lowercarbon Capital, Bain Capital, Formation, Nebular, David and Scott Aaronson. Other investors include Les Kohn, Baiju Bhatt, Infleqtion, Genius Ventures, 7i Capital, Global Frontier Investments, and others.
This investment will be used to rapidly expand Oratomic’s team, who will work on building the fault-tolerant neutral atom computers based on the company’s “substantially simpler approach to quantum error correction, based on reconfigurable atomic arrays trapped in focused laser beams”. This method of error correction was published earlier this year, in which a team from Caltech and Oratomic argued that a fully realized quantum computer could be built with as few as 10,000 to 20,000 qubits, as opposed to previous estimates of millions of qubits.
