At a glance
- According to Dealroom data cited by Family Office Hub, it was the largest Series B ever raised by a US quantum technology company.
- Bezos Expeditions co-led alongside specialist venture firms including ARCH and Khosla, and its own share of the round was not disclosed.
- A family office writing a direct check at the Series B bought in at roughly 3.6 times the Series A valuation for the same company.
Bezos Expeditions co-led a $475 million Series B for Oratomic, a Pasadena, California quantum computer maker, Family Office Hub reported.
The round came about three months after Oratomic's Series A and lifted the company's valuation to about $5.4 billion from $1.5 billion. According to Dealroom data cited by Family Office Hub, it was the largest Series B ever raised by a US quantum technology company. Bezos Expeditions co-led alongside specialist venture firms including ARCH and Khosla, and its own share of the round was not disclosed.
A family office writing a direct check at the Series B bought in at roughly 3.6 times the Series A valuation for the same company. The structure Family Office Hub describes, a family office co-leading next to specialist venture firms, buys access to a capital-intensive field that is hard to assess alone, which leaves much of the technical diligence with the co-leads.
Reported by the Direct & Co-Investments desk from Family Office Hub. Published . Corrections