Atlantic Quantum, a Cambridge, MA- and Gothenburg, Sweden-based developer of scalable quantum computers, raised $9M in Seed funding.
The round was led by The Engine, Thomas Tull, Glasswing Ventures, Future Labs Capital, and E14.
The company intends to use the funds for the expansion of the team in the U.S. and Sweden, to build out lab space in Cambridge, MA, and accelerate technical development.
Led by CEO Bharath Kannan, Atlantic Quantum aims to build scalable, fault-tolerant quantum computing systems with the quality and size needed to tackle the world’s hardest computational challenges.
The company was founded in spring 2022 by a team of scientists and researchers from the Engineering Quantum Systems (EQuS) group at MIT led by Prof. William D. Oliver and Principal Research Scientist Simon Gustavsson.
The leadership team includes Dr. Bharath Kannan (CEO), Dr. Simon Gustavsson (President and CTO), Dr. Tim Menke (COO), Dr. Youngkyu Sung (CSO), Prof. Jonas Bylander (Director, European Office), and Shereen Shermak (CBO).
FinSMEs
24/07/2022