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Alice & Bob Raise €27 Million ($29.7M USD) in Series A Funding

2023-05-09T13:10:26-07:00

The funding was led by Elaia, BpiFrance Digital Venture Fund and Supernova Invest with additional participation from Breega. Alice & Bob is a quantum startup located in Paris, France that is developing a fault tolerant quantum computer based upon a superconducting cat qubit approach. They have also announced that their technology has reduced the prevalence of bit-flip errors by a factor of tens of thousands. They indicated that their technology has increased the time between bit-flips from a few milliseconds to 2 minutes. This could be a major advantage for implementing error correction code in the Alice & Bob processors because [...]

Alice & Bob Raise €27 Million ($29.7M USD) in Series A Funding2023-05-09T13:10:26-07:00

Who’s News – Management Additions at Alice & Bob, Terra Quantum, and Quantropi

2022-08-15T22:19:18-07:00

A few more management additions have been announced this month. Professor Michel Devoret has been appointed as a scientific board member and advisor at Alice & Bob. Professor Devoret is a Professor of Applied Physics at Yale University and has done pioneering work in the areas of superconducting qubits and error correction. Terra Quantum has appointed Dr. Florian Neukart as Chief Product Officer. He was previously the Director of Volkswagen’s Data Lab. And Marco Pagani has been appointed as the Chairman of the Board of Directors of Quantropi. Mr. Pagani is the President and CEO of the Ottawa Community Foundation and [...]

Who’s News – Management Additions at Alice & Bob, Terra Quantum, and Quantropi2022-08-15T22:19:18-07:00

Alice & Bob Launches 100-Person Hiring Plan to Scale Towards Utility-Scale Quantum Computer

2025-09-17T18:34:54-07:00

Alice & Bob, a quantum computing company, has announced a plan to hire 100 new employees by mid-2026. This workforce expansion is intended to support technology development and business expansion, and will nearly double the company's current headcount. The hiring plan targets 90 technical roles, including scientists, engineers, and technicians in physics, quantum error correction, firmware and software development, machine learning, and quantum hardware infrastructure. The remaining 10 hires will be for business and management roles. The workforce expansion follows the company’s €100 million ($118M) Series B funding round and the launch of a quantum laboratory in Paris with a nanofabrication [...]

Alice & Bob Launches 100-Person Hiring Plan to Scale Towards Utility-Scale Quantum Computer2025-09-17T18:34:54-07:00

Alice & Bob and Inria Detail “Unfolded Code” for Hardware-Efficient Magic State Preparation

2025-08-06T07:06:44-07:00

Scientists from Alice & Bob, a quantum computing company, and Inria, France’s national institute for research in digital science and technology, have submitted a new study for peer review. The study details a new quantum error correction scheme, dubbed the “unfolded code,” which presents a method for producing magic states on superconducting quantum computers. This research addresses the challenge of magic state preparation, a resource-intensive aspect of quantum computing necessary for achieving a universal fault-tolerant gate set. Their new approach, outlined in the paper “Unfolded distillation: very low-cost magic state preparation for biased-noise qubits,” leverages the noise bias of cat qubits, [...]

Alice & Bob and Inria Detail “Unfolded Code” for Hardware-Efficient Magic State Preparation2025-08-06T07:06:44-07:00

Alice & Bob to Establish €50M Quantum Chip Development Lab in Paris

2025-11-20T15:52:11-08:00

Alice & Bob has announced the construction of a €50 million quantum hardware facility in Paris, featuring a 4,000 m² chip development lab with a nanofabrication cleanroom and infrastructure to support its next-generation QPU lines: Lithium, Beryllium, and Graphene. The facility will include a cryostat farm housing 20 dilution refrigerators to enable parallel experimentation and development, with a dedicated section for testing Graphene, a 100-logical-qubit machine scheduled for 2030. The lab is funded by the company’s recent €100 million ($103 million USD) Series B. The site will integrate systems from Quantum Machines and Bluefors, who will provide quantum control electronics and [...]

Alice & Bob to Establish €50M Quantum Chip Development Lab in Paris2025-11-20T15:52:11-08:00

Alice & Bob Raises €100M ($104.9M USD) Series B to Accelerate Cat Qubit-Based Fault-Tolerant Quantum Computing

2025-01-28T12:01:01-08:00

Alice & Bob, a company developing fault-tolerant quantum computers, announced the closure of a €100 million ($104.9 million USD) Series B funding round, led by Future French Champions (FFC), AVP, and Bpifrance. The funding aims to advance Alice & Bob’s mission of building the world’s first useful quantum computer by 2030. Alice & Bob’s proprietary “cat qubit” technology suppresses bit-flip errors, enabling scalable quantum computing with significantly reduced hardware requirements. This innovation allows the company to achieve fault tolerance with only thousands of qubits instead of the millions needed by other approaches. Funds will support the development of the first error-corrected [...]

Alice & Bob Raises €100M ($104.9M USD) Series B to Accelerate Cat Qubit-Based Fault-Tolerant Quantum Computing2025-01-28T12:01:01-08:00

Alice & Bob Publishes Roadmap to Achieving 100 Logical Qubits with Cat Qubits by 2030

2025-07-04T10:49:09-07:00

Alice & Bob, a quantum computing company specializing in "Cat qubits," has published its first white paper outlining a five-year roadmap to deliver fault-tolerant quantum computing. The plan, targeting 100 high-fidelity logical qubits by 2030, builds on their proprietary cat qubit technology, designed to reduce quantum errors and improve scalability. Key Milestones in the Roadmap: Master the Cat Qubit: 1 Cat Qubit, 0 Logical Qubits Achieved in 2024 with the Boson chip series, this milestone established reliable qubits resistant to bit-flip errors. Build a Logical Qubit: 16 Cat Qubits, 1 Logical Qubits, 10-2 Logical Error Rate Ongoing work with the Helium [...]

Alice & Bob Publishes Roadmap to Achieving 100 Logical Qubits with Cat Qubits by 20302025-07-04T10:49:09-07:00

Alice & Bob Launch Industry-First Logical Qubit Emulator for Fault-Tolerant Quantum Development

2025-07-04T10:51:49-07:00

Alice & Bob has introduced Felis 1.0, a groundbreaking logical qubit emulator designed to aid the transition from noisy intermediate-scale quantum (NISQ) devices to fault-tolerant quantum computing. Built on IBM's Qiskit framework, Felis offers tools for developers to adapt algorithms for logical qubits and optimize them for fault-tolerant quantum computers, specifically leveraging Alice & Bob's cat qubit architecture. Key Features: Logical Qubit Emulation: Felis enables users to explore and experiment with fault-tolerant quantum algorithms, preparing for practical use cases. Cat-Qubit Specific Tools: Supports Alice & Bob's proprietary cat qubits, which significantly reduce error correction overhead. Compatibility with Qiskit 1.2: Provides faster [...]

Alice & Bob Launch Industry-First Logical Qubit Emulator for Fault-Tolerant Quantum Development2025-07-04T10:51:49-07:00

Alice & Bob Launch Dynamiqs: A GPU-Accelerated Library for High-Speed Quantum Simulations

2025-07-04T10:51:58-07:00

Performance Benchmark Comparison versus QuTip for Five Different Cases on both CPU and GPU based Systems. Credit: Alice & Bob Alice & Bob has introduced Dynamiqs, an open-source quantum simulation Python library that integrates NVIDIA-accelerated computing to achieve up to 60x faster performance in quantum simulations. Developed in collaboration with researchers from institutions including the University of Sherbrooke, Yale, INRIA, Ecole de Mines, and ENS, Dynamiqs addresses the computational challenges of simulating complex quantum systems, enabling breakthroughs in quantum research and development. The library leverages NVIDIA GPU acceleration and the differentiability of JAX and Diffrax frameworks to enhance simulation capabilities. GPU [...]

Alice & Bob Launch Dynamiqs: A GPU-Accelerated Library for High-Speed Quantum Simulations2025-07-04T10:51:58-07:00

EDF, Quandela, Alice & Bob, and CNRS Collaborate on €6.1 Million ($6.542M USD) Project to Enhance Quantum Computing Energy Efficiency

2025-07-04T11:02:29-07:00

EDF, in partnership with Quandela, Alice & Bob, and CNRS, has embarked on a groundbreaking €6.1 million ($6.542M USD) project named "Energy Optimization of Quantum Circuits" (OECQ), supported with a grant of up to €4.5 million ($4.87M USD) from France 2030 through Bpifrance. The primary objective of OECQ is to evaluate and enhance the energy efficiency of quantum computing systems in comparison to traditional high-performance computing (HPC) methods. This initiative represents a critical milestone in quantifying the energy requirements of quantum processors across real-world applications such as optimization, physical simulation, and material science. EDF, a leader in energy solutions, will provide energy-intensive [...]

EDF, Quandela, Alice & Bob, and CNRS Collaborate on €6.1 Million ($6.542M USD) Project to Enhance Quantum Computing Energy Efficiency2025-07-04T11:02:29-07:00
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