Quobly Secures €19 Million in Series A Funding to Advance Quantum Computing Innovation

In a monumental leap for the quantum computing sector, Quobly has successfully raised €19 million in a seed funding round, setting a record for European startups within this cutting-edge technology field. Established in 2022 and based in Grenoble, Quobly has emerged as a leader in the development of fault-tolerant quantum computers that harness the power of semiconductor qubits. The ambitious startup is built on 15 years of collaborative research between notable research organizations, CEA Leti and CNRS, and has assembled a talented team of 25 experts drawn from both the semiconductor industry and quantum technology research. This significant funding will enable Quobly to further its pioneering efforts, addressing the existing techno-scientific challenges in quantum computing and facilitating the mass production of the millions of qubits necessary for practical, large-scale applications. As the demand for advanced computational capabilities continues to grow across various industries, Quobly stands poised to revolutionize how data is processed and manipulated. This financial backing not only supports the company’s immediate R&D goals but also reinforces its commitment to making quantum computing a mainstream reality. With this funding, Quobly is set to solidify its position at the forefront of quantum innovation and contribute to the European tech landscape significantly, as it aims to turn visionary ideas into tangible technologies that can shape our future.