Bezos Expeditions co-led Oratomic's $475M round; DFO buys SK stake

Bezos Expeditions co-led a $475 million Series B in Oratomic, a Pasadena, Calif., quantum computing company built on Caltech research, according to FO Pro's Oct. 19 deal round-up. The Oct. 8 round values Oratomic at $5.4 billion and brings total funding to $775 million since the company's March launch. Oratomic is targeting a fault-tolerant quantum computer by 2030. ARCH Venture Partners, Spark Capital, Khosla Ventures, Index Ventures and General Catalyst were also part of the lead group.

DFO Public Investments, a Delaware fund tied to Michael Dell's family office, agreed on Oct. 14 to buy 972,493 shares of SK Inc. from SK Group chairman Chey Tae-won. The price was 544 billion won, about $406 million, and the stake is about 1.34% of the South Korean holding company. The sale is part of a larger share disposal Chey disclosed earlier this month to help fund his divorce settlement, FO Pro reported, citing Finimize.

Family offices weighing direct deals get three price points from the week: $5.4 billion for Oratomic, a $30 million AI seed and $406 million for a 1.34% SK Inc. stake. Premji Invest, the family office of Wipro founder Azim Premji, joined the Catalyst seed round on Oct. 8; Sequoia Capital led the round. Catalyst is building AI agents that turn plain-language instructions into trading strategies. FO Pro counted the SK Inc. purchase as DFO's second disclosed transaction in nine days, with DFO Management agreeing Oct. 6 to co-buy The Baldwin Group at $32.50 a share.