French quantum start-up Quobly raises €115m Series A for market launch
By
Suhasini Srinivasaragavan
Sesame, salt, and substance. A flagship bake.
Summary
French quantum computing start-up Quobly has raised €115m in Series A funding to accelerate its market debut planned for the end of the year. The round was led by BPI France, SealSQ and STMicroelectronics, with participation from the European Innovation Council, Blast, Air Liquide Venture Capital, and repeat investors including Innovacom, the CEA, CNRS, Quantonation and Supernova Invest. The funding will support R&D, industrialisation, scaling efforts, and international commercial expansion.
Key quotes
· 3 pulledFrench quantum start-up Quobly has closed a €115m Series A round to accelerate its market debut planned for the end of the year.
Funding is expected to support R&D, industrialisation and scaling efforts, and international commercial expansion.
The round was led by BPI France, SealSQ and STMicroelectronics, with participation from the European Innovation Council, Blast, Air Liquide Venture Capital.
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