Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding

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Atom Computing Plans To Build A Bigger And Better High-Tech Quantum Computer With Its Latest $60 Million Series B Funding
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Senior Analyst, AI & Quantum Computing, Paul Smith-Goodson, dives in as this week Atom announced it had secured $60M Series B round of financing led by Third Point Ventures. The round also included Prime Movers Lab and insiders Innovation Endeavors, Venrock, and Prelude Ventures.

Most of today’s quantum computers use two types of qubits, either superconducting or trapped-ion . Amazon doesn’t yet have a quantum computer, but it plans to build one using superconducting hardware. In contrast, Psi Quantum and Xanadu use photons of light that act as qubits.

These qubits are created from an isotope of Strontium, a naturally occurring element considered to be a neutral atom. Going deeper, neutral atoms have equal numbers of protons and electrons. However, isotopes of Strontium have varying numbers of neutrons. These differences in neutrons produce different energy levels in the atom that allow spin qubits to be created. Atom Computing uses the isotope Strontium-87 and takes advantage of its unique energy levels to create spin qubits.

Lasers instead of wires are used for precision control of the strontium-87 qubits. Lasers eliminates wiring, which can create radiation and noise that negatively affects coherence. With its latest $60M Series B funding, Atom Computing plans to build a larger, second-generation neutral-atom quantum computer. Many additional qubits will give the system increased computational ability. Atom Computing is currently likely to have undisclosed customer trials and use cases in progress. However, we expect new and more significant use cases to be publicly announced once the new quantum system is operational.

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