French quantum computing company Quobly has successfully closed a €115 million Series A financing round to advance the industrialization of its silicon-based quantum computers. This substantial investment will accelerate the company's efforts to bring its first commercial product to market by the end of 2026. The funding underscores growing investor confidence in Quobly's strategy of leveraging established semiconductor manufacturing processes to build scalable quantum systems.
A Strategic Syndicate of Investors
The funding round was co-led by a powerful consortium of industrial, sovereign, and deeptech investors, including Bpifrance, SEALSQ, and STMicroelectronics. Participation also came from the European Innovation Council (EIC Fund), Blast, ALIAD (Air Liquide Venture Capital), and existing investor Innovacom. This diverse group of backers signals strong support for Quobly's industrial-first approach to quantum computing.
Bpifrance's contribution was made through the Deep Tech 2030 fund, managed on behalf of the French government as part of the France 2030 initiative. This involvement highlights the strategic importance placed on developing sovereign quantum technologies within Europe. The syndicate's composition provides Quobly with not only capital but also deep expertise in semiconductor manufacturing and industrial applications.
Accelerating Commercialization and Industrial Scale
The new capital is earmarked for continued research and development, the scaling of industrialization efforts, and international commercial expansion. This Series A marks a pivotal transition for Quobly, moving from the technology validation phase to the production of its first commercial systems. The round follows a successful €19 million seed phase that demonstrated the viability of its core technology.
Quobly plans to launch its first commercial quantum computer, Alloy Pioneer, via the cloud by the end of 2026 for early adopters in high-performance computing and research. The company intends to follow this with direct deployment within HPC infrastructures in 2027. These systems are designed for seamless integration into existing data centers, featuring compatible footprints and power requirements.
Leveraging Semiconductor Manufacturing for Quantum Scalability
Quobly's technical approach is founded on using FD-SOI technology on 300 mm wafers, a standard in the microelectronics industry. This strategy leverages established semiconductor manufacturing processes to address key challenges in scalability, yield, and reproducibility. By building silicon qubits compatible with industrial fabrication, the company aims to create a reliable path to large-scale quantum computing.
Central to this strategy are strategic partnerships with industry leaders such as STMicroelectronics, Air Liquide, Soitec, and Orano. These collaborations accelerate the transfer of Quobly's quantum technologies into advanced manufacturing environments. This ensures that process control, materials engineering, and yield optimization are integrated from the earliest stages of development.
A Vision for Integrated Quantum Computing
Maud Vinet, CEO and co-founder of Quobly, described the financing as a transition from technology validation to industrial execution. She emphasized the company's objective to make quantum computing deployable, scalable, and usable within real industrial environments. This vision is supported by a system-level co-design approach that encompasses hardware, control electronics, and the software stack.
Investors echoed this vision, with STMicroelectronics noting that semiconductor-grade rigor is essential for quantum computing to achieve the scale required by HPC customers. Bpifrance highlighted Quobly's role in securing Europe's strategic autonomy in the field. Meanwhile, SEALSQ underscored the collaboration's importance in developing secure and trusted quantum systems for critical applications.
This €115 million funding round firmly positions Quobly to execute on its ambitious roadmap and become a significant force in the quantum computing industry. By grounding its innovation in the proven scalability of semiconductor manufacturing, the company is tackling one of the sector's most significant hurdles. With a clear commercialization plan and the backing of strategic industrial partners, Quobly is well-equipped to advance the frontier of practical quantum computing.