Funding round
Atom Computing Series B
Atom Computing, which works in quantum computer hardware manufacturing in Berkeley, raised $60M in a Series B round announced on 20 Jan 2022, led by Third Point Ventures. 5 firms took part. It is Atom Computing's third venture round on record; the one before was a Series A in Jul 2021.
$60M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Atom Computing did not disclose a valuation in this round. It came 6 months after Atom Computing's Series A. It is 13% of the $480M Atom Computing has raised in the venture rounds on record. Atom Computing raised again 53 months later: a Growth round of $300M in Jun 2026.
Investors
Who put money in
Third Point Ventures led the round with 4 other firms.
Lead investor
- Third Point Ventures new investor
Also in the round
- backs 25 venture-backed companies new investor
- Innovation Endeavors backs 110 venture-backed companies new investor
- Venrock backs 93 venture-backed companies new investor
- backs 62 venture-backed companies new investor
Joined the board: Curtis McKee (Third Point Ventures).
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
6 Series B rounds in Device Manufacturing within a year either side disclosed an amount; the median was $35M, and this round was 1.7 times the median. The closest in time, other companies' Series B rounds in Device Manufacturing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Device Manufacturing | 23 Dec 2021 | $30M | not disclosed | Tracker Capital |
| Device Manufacturing | 22 Oct 2021 | $58M | not disclosed | Shunwei Capital |
| Device Manufacturing | 15 Jun 2022 | $40M | not disclosed | Ventura Capital |
| Device Manufacturing | 30 Jul 2021 | $110M | not disclosed | Marcy Venture Partners |
| Device Manufacturing | 20 Jul 2021 | $12M | not disclosed | Notre Dame Venture Capital |
| Device Manufacturing | 14 Nov 2022 | $29M | not disclosed | IAG Capital Partners |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Atom Computing raise in its Series B round?
Atom Computing raised $60M in its Series B round, announced in Jan 2022.
Who led Atom Computing's Series B round?
Third Point Ventures led it, with Prime Movers Lab, Innovation Endeavors, Venrock and Prelude Ventures.
What was Atom Computing's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Device Manufacturing?
6 Series B rounds in Device Manufacturing within a year either side disclosed an amount; the median was $35M, and this round was 1.7 times the median.
Did Atom Computing raise again after this round?
Yes: a Growth round in Jun 2026 of $300M.