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Atlantic Quantum

Quantum-Processors β€’ USA
2022
Founded
USA
Country
Private
Status
$9M
Total Raised

About Atlantic Quantum

Atlantic Quantum

Atlantic Quantum is an MIT spinout founded in 2022 that developed next-generation superconducting quantum computers using fluxonium qubits, a promising alternative to transmon qubits that offers superior coherence properties and reduced sensitivity to charge noise. The company was founded by leading quantum computing researchers from MIT including Peter Gruter, Youngkyu Sung, and others who pioneered fluxonium qubit technology. Atlantic Quantum’s approach leveraged the unique properties of fluxonium qubits, which can achieve microsecond-scale coherence times and strong anharmonicity, potentially enabling more efficient quantum error correction and higher-fidelity quantum operations. In October 2025, Google Quantum AI acquired Atlantic Quantum to advance scalable quantum hardware development, integrating the company’s advanced fluxonium qubit technology into Google’s quantum computing roadmap. The acquisition represented a strategic move by Google to strengthen its quantum hardware capabilities by bringing cutting-edge academic research from MIT into commercial applications. Atlantic Quantum’s focus on advanced qubit technology positioned them to contribute significantly to Google’s pursuit of fault-tolerant quantum systems.

Company Information

Key People

Peter Gruter (Co-founder), Youngkyu Sung (Co-founder)

Investment Information

  • Status: private
  • Total Raised: $9M
  • Last Valuation: $50M

Recent Funding Rounds

  • 2022-07-21: seed - $9M - Seed funding to develop large-scale quantum computing systems using scalable qubits

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Company Information

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Founded

2022

🌍

Country

USA

🌐
🏷️

Categories

Quantum-Processors

Investment Information

πŸ“Š

Status

Private

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Total Raised

$9M

1 funding rounds tracked. View detailed investment history β†’

Key People

Peter Gruter (Co-founder), Youngkyu Sung (Co-founder)

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