Atlantic Quantum

Cambridge, United States Founded: 2022 • Age: 4 yrs
Developer of quantum computers for computations and processing information
Annual revenue - Latest available
Total funding $9.0M 2 rounds
Employees 6 Tracked headcount
Investors 6 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Atlantic Quantum

Atlantic Quantum is a company based in Cambridge (United States) founded in 2022 by Bharath Kannan, Youngkyu Sung, Simon Gustavsson, William D Oliver, Jonas Bylander, Tim Menke, and Shereen Shermak. Atlantic Quantum has raised $9 million across 2 funding rounds from investors including OSTI.GOV, Thomas Tull and Glasswing Ventures. The company has 6 employees as of December 31, 2022. Atlantic Quantum offers products and services including Quantum Integrated Circuit. Atlantic Quantum operates in a competitive market with competitors including Rigetti Computing, Quantum Circuits Limited, Oxford Ionics, Quantum Circuits and Quantum Motion, among others.

  • Headquarter Cambridge, United States
  • Employees 6 as on 31 Dec, 2022
  • Founders Bharath Kannan, Youngkyu Sung, Simon Gustavsson, William D Oliver, Jonas Bylander, Tim Menke, Shereen Shermak
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Atlantic Quantum Corp.
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.3 M (USD), Grant

    Feb 21, 2023

  • Investors
    OSTI.GOV

    & 5 more

  • Employee Count
    6

    as on Dec 31, 2022

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Products & Services of Atlantic Quantum

Atlantic Quantum offers a comprehensive portfolio of products and services, including Quantum Integrated Circuit.

Product name locked
Category locked
Primary

Provides scalable superconducting circuits for quantum computing to reduce errors and improve speed.

Funding Insights of Atlantic Quantum

Atlantic Quantum has successfully raised a total of $9M across 2 strategic funding rounds. The most recent funding activity was a Grant round of $1.3 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Atlantic Quantum

Atlantic Quantum has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include OSTI.GOV, Thomas Tull and Glasswing Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments are made in AI and frontier technology startups by Glasswing Ventures.
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Investments are focused on quantum computing and AI startups.
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Early-stage technology startups are funded by Engine Ventures venture capital.
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Investor details for Atlantic Quantum

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Investments & Acquisitions by Atlantic Quantum

Investments
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Investment portfolio details for Atlantic Quantum

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Financial Statements - Atlantic Quantum

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Detailed financials for Atlantic Quantum

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Atlantic Quantum Comparisons

Atlantic Quantum Primary company
Description
Developer of quantum computers for computations and processi...
Location
Cambridge, United States
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
6
As of 2022
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Peer comparison for Atlantic Quantum

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Competitors of Atlantic Quantum

Atlantic Quantum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rigetti Computing, Quantum Circuits Limited, Oxford Ionics, Quantum Circuits and Quantum Motion, among others.

Company Name Domain Founded year HQ Location Description
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Full-stack quantum computing solutions using superconducting qubits are developed.
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Quantum computers using superconducting qubits are developed.
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Quantum computers are provided using superconducting qubits and trapped ions.
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Superconducting quantum circuits are developed for modular quantum computers.
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A scalable universal quantum computer on silicon chips is developed.
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Detailed competitors of Atlantic Quantum

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Latest news on Atlantic Quantum

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Complete news archive for Atlantic Quantum

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Frequently Asked Questions about Atlantic Quantum

Atlantic Quantum was founded in 2022.

Atlantic Quantum is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Bharath Kannan is the current CEO of Atlantic Quantum. They have also founded this company.

Atlantic Quantum is a funded company, having raised a total of $9M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Atlantic Quantum is 6.

Developer of quantum computers for computations and processing information. It provides users with a company that is focused on solving the quantum hardware problem by building scalable quantum computers. Company is working on building fault-tolerant quantum computers by making superconducting qubit technology and deploying scalable hardware architecture.

Atlantic Quantum's top competitors include Rigetti Computing, Oxford Ionics and Quantum Motion.

Atlantic Quantum offers Quantum Integrated Circuit.

Atlantic Quantum has 6 investors. Key investors include OSTI.GOV, Thomas Tull, Glasswing Ventures, Future Labs Capital, and Engine Ventures.

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