Alice & Bob, in the race to create the first universal, fault-tolerant quantum computer today announced a raise of €100 million in its Series B funding round, led by Future French Champions (FFC), AVP (AXA Venture Partners) and Bpifrance. FFC is a partnership between QIA and Bpifrance.
The funding will accelerate Alice & Bob’s path to build the world’s first useful quantum computer by 2030.
Founded in 2020, Alice & Bob has already raised €130 million in funding, hired over 110 employees and demonstrated experimental results surpassing those of technology giants such as Google or IBM. Alice & Bob specialises in cat qubits, a pioneering technology developed by the company’s founders and later adopted by Amazon.