Startup Fundraising

Quobly Raises €115M for Silicon Quantum Computing

Quobly secures €115 million Series A from Bpifrance, SEALSQ, STMicroelectronics, and others to bring silicon-based quantum computers to market.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Quobly raised $124.8M (Series A) from Bpifrance, SEALSQ, STMicroelectronics, European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital), Innovacom, CEA, CNRS, Quantonation, Supernova Invest.
  • Sector: Technology, Software & Gaming, Manufacturing, Materials, Chemicals & Natural Resources.
  • Geography: France.

Analysis

French quantum computing innovator, Quobly, has successfully closed a substantial €115 million Series A funding round. This significant capital infusion is earmarked to propel the industrialization of its unique silicon-based quantum processors and facilitate the market launch of its inaugural commercial quantum computer by the close of 2026. The funding marks a pivotal moment, transitioning the company from technological validation to commercial-scale deployment.

The investment round was spearheaded by a consortium of influential entities, including Bpifrance, SEALSQ, and STMicroelectronics. Further bolstering the round were contributions from the European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital), and existing backer Innovacom. This diverse group of investors comprises leading industrial players, sovereign funds, and deep-tech specialists, underscoring strong confidence in Quobly's technological trajectory. Previous supporters such as the CEA, CNRS, Quantonation, and Supernova Invest also participated, reinforcing their commitment.

Bpifrance, a long-standing supporter, is injecting capital via its Deep Tech 2030 fund, acting on behalf of the French government as part of the ambitious France 2030 initiative. The newly acquired funds will be strategically allocated to advance ongoing research and development efforts, scale up manufacturing capabilities, and fuel international commercial expansion. This financial backing is crucial for Quobly as it aims to integrate semiconductor-grade manufacturing principles into the quantum computing sector.

Quobly's strategic vision centers on leveraging established semiconductor fabrication processes, specifically utilizing 300 mm wafers with FD-SOI technology. This approach is designed to overcome critical hurdles in quantum computing, such as scalability, yield, and reproducibility, by aligning with industrial fabrication standards. The company's silicon qubits are engineered for dense integration, a key factor in achieving commercially viable quantum systems. Strategic alliances with industry giants like STMicroelectronics, Air Liquide, Soitec, and Orano are instrumental in accelerating the transition of Quobly's quantum technology into advanced manufacturing environments.

The company plans to introduce its first commercial quantum computer, codenamed 'Alloy Pioneer,' via a cloud-based platform by the end of 2026. This system is tailored for early adopters in high-performance computing (HPC) and research sectors. Following its cloud debut, Quobly intends to deploy these systems directly within HPC infrastructures starting in 2027. A significant advantage of Quobly's architecture is its designed compatibility with existing data center and HPC infrastructure, featuring similar footprint, power, and utility requirements for seamless integration. Users will access 'Alloy Pioneer' through 'Alloy Forge,' Quobly's dedicated quantum application development environment, enabling them to test and refine applications under realistic hardware conditions.

Maud Vinet, CEO and co-founder of Quobly, emphasized the significance of this funding round: "This financing marks a transition from technology validation to industrial execution. Over the past two years, we have demonstrated that silicon qubits can be developed within semiconductor manufacturing processes and integrated into a system architecture. With this Series A, we are accelerating the deployment of our first commercial systems and building a quantum computing platform designed to integrate into existing computing infrastructures. Our objective is to make quantum computing deployable, scalable, and usable within real industrial environments." This sentiment was echoed by Laurent Malier, Executive Vice President, Global Technology R&D at STMicroelectronics, who highlighted the necessity of industrialization and semiconductor-grade rigor for quantum computing to reach HPC-level scale.