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Atlantic Quantum - About the company

Atlantic Quantum is a seed company based in Cambridge (United States), founded in 2022 by Shereen Shermak, Bharath Kannan, William D Oliver and Jonas Bylander. It operates as a Developer of quantum computers for computations and processing information. Atlantic Quantum has raised $9M in funding from Engine Ventures. The company has 12 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Rigetti Computing, Quantum Circuits and Oqc Tech.

Company Details

Developer of quantum computers for computations and processing information. It provides users with a company that is focused on solving the quantum hardware problem by building scalable quantum computers. Company is working on building fault-tolerant quantum computers by making superconducting qubit technology and deploying scalable hardware architecture.
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Email ID
*****@atlantic-qc.com
Key Metrics
Founded Year
2022
Location
Cambridge, United States
Stage
Seed
Total Funding
$9M in 2 rounds
Ranked
Employee Count
23 as on May 31, 2026
Investment & Acquisitions
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Atlantic Quantum's funding and investors

Atlantic Quantum has raised a total funding of $9M over 2 rounds. Its first funding round was on Jun 09, 2022. Its latest funding round was a Grant (prize money) round on Feb 21, 2023 for $*****. 1 investor participated in its latest round. Atlantic Quantum has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Atlantic Quantum:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 21, 2023
6764401
Grant (prize money)
1464558
4886073
5084973
6401386
Jun 09, 2022
6837260
Seed
8183684
5022812
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Atlantic Quantum's founders and board of directors

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The founders of Atlantic Quantum are Shereen Shermak, Bharath Kannan, William D Oliver and Jonas Bylander. Bharath Kannan is the CEO of Atlantic Quantum.
Here are the details of Atlantic Quantum's key team members:

Atlantic Quantum's employee count trend

Atlantic Quantum has 23 employees as of May 26. Here is Atlantic Quantum's employee count trend over the years:
Employee count trend for Atlantic Quantum
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Atlantic Quantum's Competitors and alternates

Top competitors of Atlantic Quantum include Rigetti Computing, Quantum Circuits and Oqc Tech. Here is the list of Top 10 competitors of Atlantic Quantum, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rigetti Computing
Rigetti Computing
2013, Berkeley (United States), Public
Developer of an AI-powered full-stack quantum computing solution based on superconducting qubits
$198M
65/100
2nd
Logo for Atlantic Quantum
Atlantic Quantum
2022, Cambridge (United States), Seed
Developer of quantum computers for computations and processing information
$9M
62/100
3rd
Logo for Quantum Circuits
Quantum Circuits
2015, New Haven (United States), Acquired
Develops quantum computers using superconducting quantum circuits
$105M
60/100
4th
Logo for Oqc Tech
Oqc Tech
2017, Reading (United Kingdom), Series C
Developer of quantum computing hardware for commercial and research applications
$500M
59/100
5th
Logo for Alice&Bob
Alice&Bob
2020, Paris (France), Series B
Manufacturer of superconducting qubit-based universal quantum computers
$138M
59/100
6th
Logo for Nord Quantique
Nord Quantique
2020, Sherbrooke (Canada), Series A
Manufacturer of superconducting qubits
$37.5M
50/100
7th
Logo for QuamCore
QuamCore
2023, Herzliya (Israel), Series A
Developer of scalable quantum computing architecture and superconducting quantum processors
$35M
50/100
8th
Logo for Anyon Computing
Anyon Computing
2020, Emeryville (United States), Unfunded
Developer of integrated quantum computing systems and hybrid quantum applications
-
-
28/100
9th
Logo for Hex Labs
Hex Labs
2019, Palo Alto (United States), Deadpooled
Provides superconducting quantum computing devices
-
24/100
10th
Logo for Rymax One
Rymax One
2021, Kaiserslautern (Germany), Unfunded
Developer of quantum computing qubit
-
-
23/100
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Atlantic Quantum's Investments and acquisitions

Atlantic Quantum has a total of 1 investment in Aegiq. Atlantic Quantum has not made any acquisitions as of now.

Reports related to Atlantic Quantum

Here is the latest report on Atlantic Quantum's sector:

News related to Atlantic Quantum

Media has covered Atlantic Quantum for 1 event in last 1 year.
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