Company intelligence

Atom Computing

As of June 16, 2026, Atom Computing has raised at least $100M in equity across 1 sourced funding round.

Atom Computing builds neutral-atom quantum computers aimed at fault-tolerant, commercial-scale quantum computing.

Quantum computingBerkeley, California, USAFounded 2018Founders: Ben Bloom, Jonathan KingWebsite ↗See connections →
Last verified Jul 30, 2026

Atom Computing at a glance

As of
Equity raised
$100M[1]
Across 1 sourced roundDerived
Lead investors
Third Point Ventures[2]
Series C · June 2026
Founded
2018[3]
Headquarters
Berkeley, California, USA[4]
  1. [1] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), June 16, 2026
  2. [2] Lead investors: PR Newswire, June 16, 2026
  3. [3] Founded: Wikipedia (retrieved September 5, 2026)
  4. [4] Headquarters: Atom Computing (retrieved September 5, 2026)

What Atom Computing does

Atom Computing builds quantum computers from arrays of optically trapped neutral atoms.[1] Ben Bloom founded the company in January 2018.[2] Its website lists an address in Berkeley, California.[2] The company has built systems with more than 1,200 qubits.[1] In 2023 it became the first quantum company to pass 1,000 qubits in a universal gate-based system.[1] Atom Computing is in Stage B of DARPA's Quantum Benchmarking Initiative and is installing a commercial quantum computer with logical qubits in partnership with Microsoft.[1] In 2025 it sold its first on-premises quantum computer to QuNorth, a Nordic initiative funded by EIFO and the Novo Nordisk Foundation.[1] Third Point Ventures had backed the company since its Series B.[1] The company said the money will fund larger, higher-fidelity systems, error-correction software, global deployments and team growth.[1]

Leadership

  • Bloom is the company's CEO.[1]

Atom Computing profile

written 2026-10-31

Atom Computing is a Berkeley, California quantum computing company installing the first commercial quantum computer with logical qubits alongside Microsoft.

What Atom Computing does

Atom Computing is a U.S. company building quantum computers using arrays of optically trapped neutral atoms, according to TechCrunch's roundup of companies racing to build quantum chips. The company says it was the first to build nuclear-spin qubits out of an alkaline earth element, per the PR Newswire release announcing its Series A funding.[1],[2]

Atom Computing's first-generation system, Phoenix, traps 100 atoms in a vacuum chamber with optical tweezers and uses lasers to rearrange and manipulate their quantum states, the company said when it unveiled Phoenix in July 2021. In 2023, Atom Computing became the first quantum company to surpass the 1,000-qubit threshold for a universal gate-based system, according to the company's June 2026 funding announcement.[2],[3]

Funding

Atom Computing secured more than $15 million in Series A funding from Venrock, Innovation Endeavors and Prelude Ventures, plus three National Science Foundation grants, the company said in its July 2021 Phoenix launch announcement. A Form D that Atom Computing Inc. filed with the SEC on July 20, 2021 reports total securities sold of $15,999,999.[2],[4]

Atom Computing closed a $60 million Series B round in January 2022, led by Third Point Ventures with participation from Prime Movers Lab and existing investors Innovation Endeavors, Venrock and Prelude Ventures, according to the company's announcement. A related Form D that Atom Computing Inc. filed on January 13, 2022 lists a total offering amount of $61,849,929 and total amount sold of $58,849,929.[5],[6]

Atom Computing raised more than $300 million in total new funding announced in mid-2026, combining a $100 million Series C round led by Third Point Ventures with participation from DCVC and Cisco Investments, and a signed Letter of Intent with the U.S. Department of Commerce for another $100 million in CHIPS research and development funding, the company said in its June 2026 announcement. Commerce Secretary Howard Lutnick is quoted in the May 2026 release announcing the Letter of Intent.[3],[7]

The sources opened for this profile do not state a valuation for Atom Computing at any funding round, so none is given here.[3]

History

Atom Computing announced its first-generation quantum computing system, Phoenix, in July 2021, at the same time it appointed Rob Hays as CEO, President and a board member following the close of its Series A round, the company's release says. Co-founder Ben Bloom, who held the title of chief technology officer at that time, stayed on to lead the engineering team.[2]

Atom Computing was still based in Berkeley, California as of its January 2022 Series B announcement, which described the company as the creator of the first quantum computer made of nuclear-spin qubits from optically trapped neutral atoms. By the company's June 2026 funding release, Ben Bloom is quoted as CEO and Founder of Atom Computing; the sources opened for this profile do not explain the change from Rob Hays's 2021 appointment as CEO.[5],[3]

Atom Computing's SEC filings list its address as 918 Parker Street, Suite A13, Berkeley, CA, in both its 2021 and 2022 Form D filings, with the company incorporated in Delaware.[8],[9]

People

Ben Bloom, Ph.D., co-founded Atom Computing and led its engineering team as CTO starting in 2021; by the company's June 2026 release, Bloom is identified as Atom Computing's CEO and Founder. Curtis McKee, Partner at Third Point Ventures, joined Atom Computing's board of directors when the firm led the company's Series B round in January 2022.[2],[3],[5]

Customers and partners

Atom Computing is engaged in strategic collaborations with Cisco and NVIDIA, and Cisco Investments took part in the company's $100 million Series C round, according to Atom Computing's June 2026 funding release. The company is also performing on Stage B of DARPA's Quantum Benchmarking Initiative, which explores paths to utility-scale quantum systems.[3]

Atom Computing signed a Letter of Intent with the U.S. Department of Commerce in May 2026 for $100 million in CHIPS Research and Development funding, with Commerce Secretary Howard Lutnick quoted in the announcement as saying the investment would build on the company's domestic manufacturing and create high-paying jobs.[7]

Competitors

Atom Computing also competes with Big Tech's own quantum chip programs. TechCrunch's survey describes Google's Willow chip, announced in December 2024, and Amazon's Ocelot chip, introduced via AWS in early 2025 in partnership with the California Institute of Technology; it notes AWS also offers its Braket quantum computing service in partnership with D-Wave, IonQ and Rigetti.[1]

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Company Snapshot

Atom Computing is a quantum computing company, based in Berkeley, California, USA, founded 2018 by Ben Bloom, Jonathan King.

Recent changes

  1. Jun 18, 2026Atom Computing Raises $100M Series C to Scale Neutral-Atom Quantum Machines Pulse story
  2. Jun 18, 2026Atom Computing Raises $100M From Third Point for Neutral-Atom Quantum Pulse story
  3. Jun 16, 2026Raised $100M Series C PR Newswire
  4. Jun 16, 2026New investor: Third Point Ventures PR Newswire
  5. Jun 16, 2026Atom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant Quantum Pulse story
Earlier changes (1)
  1. 2022Raised $60M Series B Wikipedia

Funding history

2 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Jun 16, 2026Series C$100M—PR Newswire
2022Series Bnot counted$60M—
—
Wikipedia

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 2 rounds · $160M tracked
$0.0M$56M$112M$60MSeries BJan 22$100MSeries CJun 26

How Atom Computing has been funded

Its June 2026 funding release carried a Boulder, Colorado, dateline.[1] The company closed a $60 million Series B in January 2022 to build second-generation commercial systems.[3] On June 16, 2026, it announced a $100 million Series C led by Third Point Ventures, with DCVC and Cisco Investments participating.[1] Atom Computing said its total funding had passed $300 million, a figure that includes the Series C and a $100 million letter of intent signed with the U.S. Department of Commerce.[1]

Investors

Latest Pulse

  1. SeeQC Files S-1 as Quantum Computing IPO Wave Widens Beyond IonQ and D-WaveDigital quantum computing firm SeeQC filed an S-1 on June 29, becoming one of the first pure-play quantum specialists to file since the 2021 SPAC rush. SeeQC's superconducting chips integrate quantum bits directly with classical control electronics, targeting scalable systems that competitors say require room-scale cabinets today.→
  2. Atom Computing Raises $100M Series C to Scale Neutral-Atom Quantum MachinesAtom Computing raised a $100 million Series C led by Third Point Ventures to advance its neutral-atom quantum computers. The round lands as quantum re-enters the venture spotlight on the back of error-correction progress and the prospect that quantum and AI compute could become complementary parts of the same buildout.→
  3. Atom Computing Raises $100M From Third Point for Neutral-Atom QuantumAtom Computing raised $100 million led by Third Point Ventures to advance its neutral-atom quantum computers. The round is part of a 2026 resurgence in quantum funding as the field inches from research milestones toward commercially useful machines.→
  4. Atom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant QuantumAtom Computing announced more than $300 million in total funding to accelerate commercial-scale fault-tolerant quantum computers -- a $100 million Series C led by Third Point Ventures plus a signed $100 million letter of intent from the U.S. Department of Commerce. The neutral-atom developer is racing to deliver on-premises quantum systems for enterprise and government customers.→

Coverage Timeline

newest first
  1. Jun 18, 2026FUNDINGAtom Computing Raises $100M Series C to Scale Neutral-Atom Quantum Machines$100M→
  2. Jun 18, 2026FUNDINGAtom Computing Raises $100M From Third Point for Neutral-Atom Quantum$100M→
  3. Jun 16, 2026FUNDINGAtom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant Quantum$300M+→

All Coverage

FUNDING
Atom Computing Raises $100M Series C to Scale Neutral-Atom Quantum Machines
Illustration for: Atom Computing Raises $100M Series C to Scale Neutral-Atom Quantum Machines
FUNDING$100M

Atom Computing Raises $100M Series C to Scale Neutral-Atom Quantum Machines

Atom Computing raised a $100 million Series C led by Third Point Ventures to advance its neutral-atom quantum computers. The round lands as quantum re-enters the venture spotlight on the back of error-correction progress and the prospect that quantum and AI compute could become complementary parts of the same buildout.

FUNDING
Atom Computing Raises $100M From Third Point for Neutral-Atom Quantum
Illustration for: Atom Computing Raises $100M From Third Point for Neutral-Atom Quantum
FUNDING$100M

Atom Computing Raises $100M From Third Point for Neutral-Atom Quantum

Atom Computing raised $100 million led by Third Point Ventures to advance its neutral-atom quantum computers. The round is part of a 2026 resurgence in quantum funding as the field inches from research milestones toward commercially useful machines.

FUNDING
Atom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant Quantum
Illustration for: Atom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant Quantum
FUNDING$300M+

Atom Computing Raises $100M Series C -- Plus a $100M U.S. Commerce LOI -- for Fault-Tolerant Quantum

Atom Computing announced more than $300 million in total funding to accelerate commercial-scale fault-tolerant quantum computers -- a $100 million Series C led by Third Point Ventures plus a signed $100 million letter of intent from the U.S. Department of Commerce. The neutral-atom developer is racing to deliver on-premises quantum systems for enterprise and government customers.

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Atom Computing FAQ

How much has Atom Computing raised?

Atom Computing said its total funding had passed $300 million, a figure that includes the Series C and a $100 million letter of intent signed with the U.S. Department of Commerce.[1]

Who invested in Atom Computing?

On June 16, 2026, it announced a $100 million Series C led by Third Point Ventures, with DCVC and Cisco Investments participating.[1]

What does Atom Computing do?

Atom Computing builds quantum computers from arrays of optically trapped neutral atoms.[1]

When was Atom Computing founded and where is it based?

Atom Computing was founded in 2018 and is headquartered in Berkeley, California, USA, according to Wikipedia and Atom Computing.

References

researched 2026-10-24
  1. Yahoo Finance
  2. Atom Computing
  3. Atom Computing
Sources & methodologyshow
Where these figures come from

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