Quobly Secures €115M to Advance Silicon-Based Quantum Computing
Quobly has raised €115 million ($133 million) in Series A funding to accelerate the industrialization of its quantum computers. This investment is significant for Europe's quantum technology landscape, emphasizing the transition towards practical applications and large-scale manufacturing.
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Quobly, a French quantum computing startup, has completed a €115 million Series A funding round led by Bpifrance, STMicroelectronics, and SEALSQ. The funds will facilitate the development of silicon-based quantum computers, with plans to launch its first cloud-accessible system, Alloy Pioneer, by late 2026.
The company aims to leverage established semiconductor manufacturing processes to enhance scalability and reliability, addressing key challenges in quantum computing. Quobly's partnerships with major industrial players are designed to optimize production efficiency and integrate quantum systems into existing computing infrastructures. This funding round reflects a strategic focus on industrial independence and the creation of a comprehensive ecosystem around quantum technologies, which is crucial for Europe's competitiveness in advanced computing sectors.
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