Quantum computing firm Atom Computing has secured new funding.

The company this week announced it has raised a total funding of more than $300 million to accelerate the development and deployment of its quantum computers.

– Atom Computing

The funding includes $100m Series C investment round and a signed Letter of Intent with the US Department of Commerce for $100m.

The Series C round was led by Third Point Ventures, with participation from DCVC, Cisco Investments, and others.