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Oratomic raises $475M for neutral-atom quantum computing, Universal Quantum nets $100M+

Photo: SiliconANGLE

What happened

Two startups pursuing different approaches to quantum computing announced major funding rounds today. California-based Oratomic, which uses reconfigurable neutral-atom arrays, raised $475 million, while United Kingdom-based Universal Quantum Ltd., which develops modular trapped-ion systems, raised more than $100 million in Series A funding. Oratomic’s funding round comes three months after its $300 million Series A…

Summary assembled by rule from the sources below

Sources