Oratomic reportedly hits $5.4bn as Gartner sees quantum revenue top $1bn
The Wall Street Journal reports that Oratomic raised $475 million, while Universal Quantum raised over $100 million. Gartner expects quantum computing revenue to pass $1bn in 2027, then a startup shakeout.
Via TNW | Quantum-tech
Quantum computing startup Oratomic has raised $475 million at a $5.4bn valuation, Isabelle Bousquette reported for The Wall Street Journal on Thursday. The round came three months after its Series A and lifted its valuation from $1.5bn.
The same day, British startup Universal Quantum announced a Series A of more than $100 million. Gartner then forecast that quantum computing revenue will reach $1.1bn worldwide in 2027. The research firm also expects more than half of quantum computing startups to go…
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