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.
- Website
- atlantic-quantum.com
- Email ID
- *****@atlantic-qc.com
Key Metrics
Founded Year
2022
Location
Cambridge, United States
Stage
Seed
Total Funding
$9M in 2 rounds
Latest Funding Round
Investors
Ranked
2nd among 12 active competitors
Employee Count
23 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Atlantic Quantum
Atlantic Quantum is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Atlantic Quantum Corp. CIN: 820793005 , United States, Active | - | 6 (As on Dec 31, 2022) | - |
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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 |
View details of Atlantic Quantum's funding rounds and investors
Atlantic Quantum's founders and board of directors
Founder? Claim ProfileThe 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:
- Shereen Shermak: Co-Founder of Atlantic Quantum and founder of 1 other company. They are also an angel investor in 1 startup.
- Bharath Kannan: Co-Founder & CEO of Atlantic Quantum. Contact Info: 1 email address
- William D Oliver: Co-Founder of Atlantic Quantum. Contact Info: 1 email address
- Jonas Bylander: Co-Founder of Atlantic Quantum. Contact Info: 1 email address
View details of Atlantic Quantum's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | 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 | Atlantic Quantum 2022, Cambridge (United States), Seed | Developer of quantum computers for computations and processing information | $9M | 62/100 | |
3rd | Quantum Circuits 2015, New Haven (United States), Acquired | Develops quantum computers using superconducting quantum circuits | $105M | 60/100 | |
4th | Oqc Tech 2017, Reading (United Kingdom), Series C | Developer of quantum computing hardware for commercial and research applications | $500M | 59/100 | |
5th | Manufacturer of superconducting qubit-based universal quantum computers | $138M | 59/100 | ||
6th | Nord Quantique 2020, Sherbrooke (Canada), Series A | Manufacturer of superconducting qubits | $37.5M | 50/100 | |
7th | Developer of scalable quantum computing architecture and superconducting quantum processors | $35M | 50/100 | ||
8th | Anyon Computing 2020, Emeryville (United States), Unfunded | Developer of integrated quantum computing systems and hybrid quantum applications | - | - | 28/100 |
9th | Hex Labs 2019, Palo Alto (United States), Deadpooled | Provides superconducting quantum computing devices | - | 24/100 | |
10th | 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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