Alice & Bob (Seed)

Funding Details
Awarder
SemiNews
Date Award
March 27, 2024
Vertical
Quantum Computing
Funding URL
View Funding Page
Funding Amount:
$17,800,000

Company Info
Founding Year
2020
Organizations Involved
ENS de Lyon, Mines Paris - PSL, Bpifrance
Company Description
Alice & Bob is a quantum computing company based in Paris and Boston whose goal is to create the first universal, fault-tolerant quantum computer. Founded in 2020, Alice & Bob has already raised €30 million in funding, hired over 95 employees and demonstrated experimental results surpassing those of technology giants such as Google or IBM. Alice & Bob specializes in cat qubits, a pioneering technology developed by the company’s founders and later adopted by Amazon. Demonstrating the power of its cat architecture, Alice & Bob recently showed that it could reduce the hardware requirements for building a useful large-scale quantum computer by up to 200 times compared with competing approaches.
Market
Technology
Location
Paris, France

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