What is Alice and Bob?
Alice and Bob is a deep-tech enterprise dedicated to the development of universal, error-free quantum computers. By leveraging self-correcting superconducting quantum bits, the company enables fault-tolerant operations capable of executing complex quantum algorithms that were previously hindered by hardware instability. Headquartered in Paris, the firm serves as a critical node in the European deep-tech ecosystem, providing researchers and industrial partners with the computational power necessary to solve intractable problems in fields ranging from materials science to cryptography. Their unique focus on hardware-level error correction distinguishes them within the competitive quantum landscape, moving the industry closer to practical, large-scale quantum utility.
How much funding has Alice and Bob raised?
Alice and Bob has raised a total of $148.3M across 3 funding rounds:
Seed
$7.3M
Series A
$29M
Series B
$112M
Seed (2021): $7.3M, investors not publicly disclosed
Series A (2022): $29M led by Breega, Elaia Partners, Bpifrance, and Supernova Invest
Series B (2026): $112M supported by NVIDIA, Future French Champions, Bpifrance, and AXA Venture Partners
Key Investors in Alice and Bob
NVIDIA
A global technology leader specializing in GPU design and AI computing solutions, providing the hardware and software infrastructure that powers modern high-performance computing and machine learning.
Future French Champions
A strategic investment joint venture between Qatar Investment Authority and Bpifrance, focused on scaling high-potential French enterprises into global market leaders.
Bpifrance
The French public investment bank that provides comprehensive financial support, including equity and credit, to innovative companies across all stages of their development.
What's next for Alice and Bob?
With the successful closure of this Series B round, Alice and Bob is poised to accelerate its hardware roadmap and scale its superconducting qubit technology for enterprise-level deployment. The strategic involvement of major industry players suggests a focus on integrating quantum capabilities into existing high-performance computing workflows. Moving forward, the company will likely prioritize the expansion of its engineering team and the refinement of its fault-tolerant systems to meet the growing demand for exponential computing power. As the firm transitions from experimental development to commercial readiness, its ability to maintain technical superiority while navigating the complexities of global tech markets will be the primary indicator of its long-term market leadership.
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