New Startup Atlantic Quantum

Secures $9 Million in Seed Round Funding

Atlantic Quantum at their Retreat.

July 25th, 2022 11:25 MONTREAL, CANADA

Hey Guys,

I’m really interested in new quantum computing startups. While interest rates rise there’s a Great Reset in Venture Capital and Advertising, among other domains that completely changes the paradigm of how startups fundraise and cope in a pre-recessionary environment. Additionally, the funding eventually hits a talent bottleneck.

So each Startup that forms in 2022 are likely to be academically pretty strong. Atlantic Quantum, founded earlier this year by Bharat Kannan, Simon Gustavson, Youngkyu Sung, Jonas Bylander and Tim Menke, aims to accelerate that timeline by improving the basic hardware behind quantum computing.

We develop scalable quantum computers to tackle the world’s hardest computational challenges.

Atlantic Quantum @AtlanticQC

Excited to close our Seed led by @enginexyz. Time to tackle quantum hardware challenges! Dream team investors on the journey. @GlasswingVC @e14fund @SuperSquidky @JonasBylander2 @simon_mit @Kannan_MIT @tim_menke1 @shrcubed @youngkyu_sung @oliver_mit

zcu.ioAtlantic Quantum Emerges from MIT’s Engineering Quantum Systems Lab, Raises $9M Seed Funding to Make Large-Scale Quantum Computing a RealityThe Quantum Insider (TQI) is the leading online resource dedicated exclusively to Quantum Computing.

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