Atlantic Quantum Emerges from MIT’s Engineering Quantum Systems Lab, Raises $9M Seed Funding to Make Large-Scale Quantum Computing a Reality
Summary
This is a dream team from my perspective: entrepreneurial, bold, and technically rock-solid, with a demonstrated aptitude for taking technology out of the lab and commercializing it. They are singularly focused on developing the technologies needed to realize the promise of quantum computing.The leadership team includes Dr. Bharath Kannan (CEO), Dr. Simon Gustavsson (President and CTO), Dr. Tim Menke (COO), Dr. Youngkyu Sung (CSO), Prof. Jonas Bylander (Director, European Office), and Shereen Shermak (CBO).The enterprise quantum computing market could grow to a $450 $850 billion market in the next 15-to-30 years, according to Boston Consulting Group (BCG). This opportunity is intensifying competition to create disruptive new devices and control methods to optimize the technology for real-world applications, particularly those spanning healthcare, finance, manufacturing, communication and logistics. We take on this uniquely tough challenge with a team of deep experts in the field, anchored in Cambridge and Gothenburg to reflect our MIT and Chalmers roots. Our combined U.S. and EU presence helps attract talent, investments, and partnerships to accelerate the development and commercialization of scalable quantum computing.