The funding was led by 360 Capital with additional participation from Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and Octave Klaba (OVHcloud), and additional grants from Bpifrance and the Ile-de-France Region. Paris based C12 Quantum Electronics is developing a spin qubit quantum device based upon a carbon nanotube technology. They will be building the nanotubes out of isotopically purified 12C  isotope of carbon which has zero nuclear spin to provide better coherence times and performance for the device. The company plans on using these device to provide a range of quantum accelerators that can be integrated with classical supercomputers as well as application specific processors for specific applications. The funds will be used to add to their staff and also build a pilot production line for their devices. You can view the press released from C12 Quantum Electronics about this funding available on their website here.

June 8, 2021