Quobly Raises €115 Million to Launch Silicon-Based Quantum Computers

Quobly Secures €115 Million Funding for Silicon Quantum Computers

In a significant step towards the commercialization of quantum computing, Quobly, a French company specializing in this cutting-edge technology, has successfully closed a Series A funding round totaling €115 million. This funding is expected to accelerate the development and launch of its silicon-based quantum computers, which are slated to hit the market by the end of 2026.

Funding Details

The funding round was led by prominent investors, including Bpifrance, SEALSQ, and STMicroelectronics, along with backing from the European Innovation Council (EIC Fund) and other notable venture capitalists like Blast and ALIAD, the latter being the venture capital arm of Air Liquide. Current shareholders, including the CEA (French Alternative Energies and Atomic Energy Commission) and CNRS (National Center for Scientific Research), also participated, highlighting the robust support from both public and private sectors.

Bpifrance, utilizing its Deep Tech 2030 fund established as part of the French government's France 2030 initiative, aims to support technology firms that demonstrate significant potential for innovation and growth.

The Vision of Quobly

Quobly's ambition is to marry the principles of semiconductor manufacturing with quantum computing. The funding will aid continued research and development, bolster industrialization efforts, and facilitate international expansion. Quobly plans to unveil its first commercial quantum computer through its product range, Alloy, which will be cloud-based and primarily aimed at enhancing research and high-performance computing environments.

As described, Alloy Pioneer, Quobly’s inaugural device, is designed for early adopters in research and high-performance computing spaces and will be available via cloud services in 2026, with an anticipated implementation in high-performance computing (HPC) infrastructures by 2027. Quobly's quantum computers will seamlessly integrate into existing high-performance computing systems and data centers, ensuring compatibility in size, power supply, and service requirements.

Strategic Collaborations and Industry Positioning

An integral part of Quobly’s strategy is capitalizing on semiconductor manufacturing technology, particularly utilizing FD-SOI technology on 300 mm wafers. This approach allows the startup to leverage established manufacturing processes to tackle challenges in scalability, performance, and reproducibility of quantum systems.

Key partnerships with industrial leaders such as STMicroelectronics, Air Liquide, Soitec, and Orano will enhance the transfer of Quobly’s quantum technologies to advanced manufacturing settings. These alliances aim to support the industrial integration of process control, materials engineering, and performance optimization from the earliest implementation stages.

Maud Vinet, CEO and co-founder of Quobly, remarked, "This funding signifies our transition from technology validation to industrial execution. Over the last two years, we have established the feasibility of developing silicon qubits within semiconductor manufacturing processes and integrating them into a system architecture. With this Series A funding round, we are speeding up the deployment of our first commercial systems and constructing a quantum computing platform designed for integration into existing computing infrastructures."

Insights from Investors

Laurent Malier, Executive VP of R&D at STMicroelectronics, emphasized the need for quantum computing to achieve necessary scale for HPC customers. He noted that pioneering quantum systems should be industrialized with the rigor typical of semiconductors, supported by a solid ecosystem, which Quobly is aiming to establish.

Gwenaël Hamon, Senior Investment Director at Bpifrance, stated: "Our second investment in Quobly aligns with our ambition to foster the emergence of sovereign tech leaders. By choosing a quantum architecture compatible with established microelectronic industry standards, Quobly paves the way for the rapid and controlled industrialization of revolutionary technologies, essential for ensuring Europe’s strategic autonomy in quantum computing."

Carlos Moreira, CEO of SEALSQ, expressed pride in participating as a lead investor in Quobly's Series A round and highlighted the synergy between Quobly’s silicon quantum processors and SEALSQ's post-quantum security technologies, crucial for developing reliable quantum systems for critical industrial applications.

Conclusion

In conclusion, this funding round marks a critical development milestone for Quobly, taking it closer to realizing its vision of scalable, usable quantum computing solutions that integrate into existing technology infrastructures. With robust support from key players in the semiconductor industry and a strategic focus on industrial manufacturing, Quobly is set to make significant advances in the field of quantum technology, aiming to solve some of the computing challenges of tomorrow.

For more information on Quobly, visit their website and follow their journey on LinkedIn.