Alice & Bob Raises €100M ($104.9M USD) Series B to Accelerate Cat Qubit-Based Fault-Tolerant Quantum Computing
Mohamed Abdel-Kareem2026-03-17T12:49:35-07:00Alice & 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 [...]