Oratomic startup raises $300M to build a quantum computer with 20,000 qubits

Translated by a model; the original is in Russian.

· Technology
The newly founded company Oratomic has secured $300M in funding to develop a practically viable quantum computer. According to the startup, doing so will require only about 20,000 qubits.

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The startup Oratomic has announced that it has raised $300M in investment to develop a quantum computer that, as the company envisions it, will become practically viable using around 20,000 qubits.

Investors

The funding round was co-led by the venture funds ARCH Venture Partners, Spark Capital, and Khosla Ventures.

Context

Today, quantum computing systems are being built by both major technology corporations and specialized startups that are raising significant amounts of venture capital. The emergence of Oratomic and the volume of investment it has received attest to investors' continued interest in this field.


Source: TechCrunch

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