Atom Computing Raises $60M in Series B Funding

Atom Computing, a Berkeley, Calif.,-based creator of a quantum computer, closed a $60M Series B funding round.

The round was led by Third Point Ventures, followed by Primer Movers Lab and insiders including Innovation Endeavors, Venrock and Prelude Ventures. Curtis McKee, Partner at Third Point Ventures, will join the Board of Directors.

The company intends to use the funds to build their second-generation quantum computing systems and commercialize the technology.

Led by Rob Hays, CEO and President, Atom Computing is advancing scalable and reliable quantum computers using nuclear-spin qubits formed from neutral atoms, which will impact billions of lives, revolutionizing everything from drug discovery and financial modeling, to predicting climate change and the development of new, life-changing materials.