On July 21, 2021, Atom Computing, a fast-growing quantum computing startup, announced it has raised $15 million in Series A funding. The funding round included investments from leading venture capital firms Venrock, Innovation Endeavors and Prelude Ventures. In addition, the National Science Foundation awarded the company multiple grants. The investments enabled Atom Computing to be the first company to build nuclear-spin qubits out of an alkaline earth element, and supported the development of the company’s first-generation quantum computing system, Phoenix.
The WilmerHale team advising Atom Computing consisted of Daniel Zimmermann and Dimitry Lensky.