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Oratomic
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- 1Quantum Startup Oratomic Hits $5.4 Billion Valuation▼Exclusive | Quantum Startup Oratomic Now Worth $5.4 Billion After Series-B Funding
Quantum computing startup Oratomic has reached a valuation of $5.4 billion following a new Series-B funding round, according to a Wall Street Journal exclusive. The funding marks a major milestone for the young company as investor interest in quantum technology continues to grow, though details on the investors and the amount raised were not immediately available.
- 2Oratomic raises $775m for fault-tolerant quantum computer●Oratomic raises $775m for development of fault-tolerant quantum computer
Quantum computing firm Oratomic has raised $775 million to fund its work on a fault-tolerant quantum computer. The funding round, reported by Data Center Dynamics, marks a significant investment in quantum hardware development. Fault-tolerant machines are seen as the key next step for quantum computing, capable of correcting errors well enough to run practical, large-scale applications in materials science, cryptography and other fields.