Neutral-Atom Quantum Computer Maker Oratomic Raises $475M Series B
AI Summary
Oratomic raised $475 million in Series B funding to scale its neutral-atom quantum computing platform.
Oratomic, a developer of neutral-atom quantum computers, has successfully closed a $475 million Series B funding round. The round was co-led by prominent venture capital firms including ARCH Venture Partners, Spark Capital, Khosla Ventures, and Index Ventures.
The company utilizes lasers to trap individual atoms, a technique often referred to as 'optical tweezers.' Oratomic claims this approach requires significantly fewer qubits for error correction compared to other modalities.
With this capital, the company aims to accelerate the development of a utility-scale, fault-tolerant quantum computer. They estimate that their architecture could achieve this goal with approximately 10,000 to 20,000 reconfigurable qubits.
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