The total includes a $100 million Series C investment round and a signed Letter of Intent with the U.S. Department of Commerce for $100 million. The Series C round was led by Third Point Ventures, with participation from DCVC, Cisco Investments, and others.

Atom Computing is developing large-scale quantum computers to enable companies and researchers to achieve unprecedented computational breakthroughs. Utilizing highly scalable arrays of optically trapped neutral atoms, the company has developed systems with over 1,200 qubits, featuring advanced capabilities towards fault-tolerant quantum computing. Atom Computing's on-premises systems provide customers with new computational tools and logical qubit capabilities to address increasingly complex applications and to grow their quantum ecosystem. In 2025 Atom Computing sold its first commercial on-premises quantum computer to QuNorth, a Nordic quantum initiative funded by EIFO and Novo Nordisk Foundation.