Backed by NVentures, Alice & Bob aims to advance its cat-qubit technology and accelerate the development of more reliable quantum computers.
French quantum computing startup Alice & Bob has received investment from NVentures, the venture capital arm of Nvidia, strengthening its position in the rapidly evolving quantum computing industry. The company did not disclose the size of the investment.
The funding highlights growing confidence in Alice & Bob’s technology, which focuses on developing “cat qubits” — a specialized type of quantum bit designed to reduce errors, one of the biggest obstacles to building practical quantum computers. By making quantum systems more reliable, the company aims to create compact and cost-efficient machines capable of handling complex computational tasks.
The investment follows a series of collaborations between Alice & Bob and Nvidia, during which the startup demonstrated the potential of its technology and technical expertise. The new funding also builds on the €100 million Series B round the company secured last year.
Headquartered in Paris with operations in Boston, Alice & Bob is positioning itself at the forefront of the global quantum computing race. CEO Théau Peronnin said increasing investment in the sector reflects the growing recognition that advanced computing infrastructure will play a critical role in future economies.
The company is also involved in France’s PROQCIMA program, a government-backed initiative aimed at developing French-designed universal quantum computer prototypes by 2032. Alice & Bob believes continued public support for strategic technologies will help accelerate innovation and strengthen Europe’s competitiveness in the field.
With backing from Nvidia’s investment arm and participation in major national quantum initiatives, Alice & Bob is continuing its push to develop next-generation quantum hardware and establish itself as a leading player in the emerging quantum computing landscape.
