Quantum startup Oratomic raised a $475M Series B at a $5.4B valuation, up from $1.5B after raising a $300M Series A in July, taking its total funding to $775M (Isabelle Bousquette/Wall Street Journal)
Quantum computing startup Oratomic raises $475 million in a Series B at a $5.4 billion valuation, up from $1.5 billion after its $300 million Series A in July. The financing brings its total funding to $775 million.
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Why it matters
The scale of Oratomic's funding and valuation signals strong investor interest in the quantum computing sector. The reported jump in valuation may make the company a notable player for industry watchers.