Atomionics gets funding to expand in Australia, US

Atomionics, a Singapore-based quantum sensing startup, has raised USD 12.7 million in a pre-Series A round led by Paspalis, with backing from BHP Ventures, IQT, and other investors. The funds will be used to scale its Gravio gravimetry device, which maps subsurface terrain without drilling to aid exploration of copper, lithium, and other critical minerals. Atomionics will also expand in Australia and open a US base for resource and defense applications.