Oratomic raises $775m for fault-tolerant quantum computer

Pasadena-based startup Oratomic has raised $775 million in total funding to develop fault-tolerant quantum systems. The round was co-led by Arch Venture Partners, Spark Capital and Khosla Ventures; the company claims its laser-trapped-atom approach needs only 10,000–20,000 qubits.

• Oratomic's total funding has reached $775 million
• The round was co-led by Arch Venture Partners, Spark Capital and Khosla Ventures
• The company has already trapped arrays of 6,000 atomic qubits
• Oratomic targets a fault-tolerant computer using 10,000–20,000 qubits