Fault-tolerant quantum computing startup Oratomic has raised $300 million in a Series A financing round.
The round was co-led by Arch Venture Partners, Spark Capital, and Khosla Ventures, with participation from Bain Capital, Bezos Expeditions, Formation, Nebular, General Catalyst, Index Ventures, Lowercarbon Capital, and David and Scott Aaronson.
Additional investors include Baiju Bhatt, Genius Ventures, Global Frontier, Infleqtion, Les Kohn, and 7i Capital and Investments.
– Oratomic
In a blog post, Oratomic said it is building artificial intelligence systems to automate its research efforts as well as the design of its quantum computer. The startup also claimed it was not interested in “pursuing intermediate products or commercial systems” and was instead entirely focused on building a fault-tolerant quantum computer.
