Atlantic Quantum is an MIT spinout founded in 2022 that is developing 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 have pioneered fluxonium qubit technology. Atlantic Quantum’s approach leverages 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. The company has secured seed funding to develop their quantum computing platform and establish partnerships with research institutions and potential customers. Atlantic Quantum represents the next generation of quantum computing startups emerging from world-class research institutions, bringing cutting-edge academic research into commercial applications. Their focus on advanced qubit technology positions them to potentially leapfrog existing quantum computing approaches as the industry moves toward fault-tolerant quantum systems.
Peter Gruter (Co-founder), Youngkyu Sung (Co-founder)
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Private
$9M
1 funding rounds tracked. View detailed investment history →