Quobly Company Profile

Background

Overview

Quobly is a French deep-tech startup specializing in the development of fault-tolerant quantum processors based on silicon qubits. Founded in 2022 in Grenoble, France, the company leverages over 15 years of collaborative research between the CEA-Leti and CNRS to advance quantum computing technologies. Quobly aims to make quantum computing scalable and manufacturable by utilizing existing semiconductor manufacturing processes.

Mission and Vision

Quobly's mission is to develop large-scale quantum processors that can solve complex problems across various industries, including healthcare, energy, and mobility. The company's vision is to integrate millions of high-quality qubits onto a single chip, achieving a fault-tolerant quantum computer capable of addressing previously intractable computational challenges.

Primary Area of Focus

The company's primary focus is on creating scalable quantum processors using silicon-based qubits, leveraging the maturity of the semiconductor industry to fabricate millions of high-fidelity qubits on standard wafers. This approach aims to bridge the gap between quantum physics and industrial manufacturing, facilitating the transition from theoretical research to practical applications in quantum computing.

Industry Significance

Quobly's innovative approach positions it as a significant player in the quantum computing industry, particularly in Europe. By focusing on silicon-based qubits and utilizing existing semiconductor manufacturing processes, Quobly addresses key challenges in scalability and manufacturability, which are critical for the widespread adoption of quantum computing technologies.

Key Strategic Focus

Core Objectives

• Scalability: Develop quantum processors capable of integrating millions of qubits onto a single chip.

• Manufacturability: Utilize existing semiconductor manufacturing processes to produce quantum processors at scale.

• Fault Tolerance: Ensure high-fidelity qubits with low error rates to achieve reliable quantum computations.

Specific Areas of Specialization

• Silicon-Based Qubits: Focus on silicon spin qubits, which offer advantages such as low footprint, fast operations, and compatibility with existing semiconductor technologies.

• Semiconductor Integration: Integrate quantum and classical components on the same platform to streamline control and error correction processes.

Key Technologies Utilized

• FD-SOI Technology: Employ 28nm FD-SOI (Fully Depleted Silicon On Insulator) semiconductor process technologies for quantum processor fabrication.

• Cryogenic Control Electronics: Develop control electronics capable of operating at cryogenic temperatures to manage qubit operations effectively.

Primary Markets or Conditions Targeted

• Healthcare: Utilize quantum computing for complex simulations and data analysis in medical research and diagnostics.

• Energy: Apply quantum algorithms to optimize energy systems and accelerate the development of new materials for energy applications.

• Mobility: Leverage quantum computing for advancements in transportation systems, including traffic optimization and autonomous vehicle technology.

Financials and Funding

Funding History

• 2023 Seed Round: Raised €19 million, setting a new record for seed funding in the European quantum sector.

• 2025 Funding Round: Secured an additional €21 million to advance the Q100T program, a key step toward fault-tolerant quantum computing.

Total Funds Raised

€40 million to date.

Notable Investors

• Quantonation: A venture capital firm specializing in deep-tech investments.

• Bpifrance: The French public investment bank, supporting innovation and technology development.

• Supernova Invest: A French venture capital firm focusing on innovative startups.

• Innovacom: A venture capital firm investing in deep-tech companies.

Intended Utilization of Capital

• Research and Development: Enhance R&D capabilities to accelerate quantum processor development.

• Manufacturing Partnerships: Establish collaborations with semiconductor fabs to scale production.

• Team Expansion: Recruit leading international experts in silicon semiconductor technology and quantum engineering.

Pipeline Development

Key Pipeline Candidates

• Q100T Program: A quantum processor featuring 100 physical qubits, targeting fault-tolerant quantum computing.

Stages of Clinical Trials or Product Development

• Design and Prototyping: Ongoing development of the Q100T processor, with initial production targeted for 2027.

• Testing and Validation: Implementing testing protocols to ensure qubit fidelity and processor reliability.

Target Conditions

• Quantum Computing Applications: Address complex computational problems in various industries, including pharmaceuticals, finance, materials science, and complex systems modeling.

Relevant Timelines for Anticipated Milestones

• 2027: First generation of commercial products available, targeting applications such as materials development and systems modeling.

Technological Platform and Innovation

Proprietary Technologies

• Silicon Spin Qubits: Utilize silicon-based qubits for their scalability and compatibility with existing semiconductor processes.

• FD-SOI Process Technology: Leverage 28nm FD-SOI semiconductor process for quantum processor fabrication.

Significant Scientific Methods

• Cryogenic Control Electronics: Develop control electronics capable of operating at cryogenic temperatures to manage qubit operations effectively.

• Integrated Quantum-Classical Systems: Integrate quantum and classical components on the same platform to streamline control and error correction processes.

Leadership Team

Key Executive Profiles

• Maud Vinet (CEO): Ph.D. in quantum physics, author of over 300 papers and holder of more than 70 patents. Co-founder of Quobly, leading the company's strategic direction and partnerships.

• Tristan Meunier (CTO): Expert in semiconductor quantum engineering, trained under Nobel laureate Serge Haroche. Co-founder of Quobly, overseeing technological development and innovation.

• François Perruchot (COO): Ph.D. in solid-state physics, expert in sensor development and micro-sensors. Co-founder of Quobly, managing operations and business development.

Leadership Changes

Recent Significant Changes or Appointments

• 2024: Appointment of François Perruchot as Chief Operating Officer to strengthen operational capabilities.

Competitor Profile

Market Insights and Dynamics

The quantum computing industry is rapidly evolving, with significant investments and advancements in both hardware and software. Key players are focusing on scalability, fault tolerance, and integration with existing technologies to make quantum computing practical for real-world applications.

Competitor Analysis

• IBM: Develops superconducting qubit-based quantum processors, focusing on cloud-based quantum computing services.

• Google: Pioneering in quantum supremacy with its superconducting qubit processors, aiming for large-scale quantum computations.

• IonQ: Utilizes trapped ion technology for quantum computing, emphasizing scalability and integration with existing technologies.

Strategic Collaborations and Partnerships

• STMicroelectronics: Strategic partnership to accelerate the industrialization of silicon quantum chips, leveraging ST's semiconductor manufacturing expertise.

• SEALSQ Corp.: Collaboration to integrate post-quantum security technologies with Quobly's quantum processors, enhancing the security of future quantum computing applications.

Operational Insights

Quobly's focus on silicon-based qubits and integration with existing semiconductor manufacturing processes provides a distinct competitive advantage in terms of scalability and manufacturability. Strategic collaborations with industry leaders further strengthen its market position and innovation capacity.

Strategic Opportunities and Future Directions

Strategic Roadmap

• 2027: Launch the first generation of commercial quantum processors, targeting applications in materials development and systems modeling.

• 2031: Achieve the integration of one million physical qubits onto a single chip, enabling large-scale quantum computations.

Future Business Directions

• Expansion into New Markets: Explore applications in pharmaceuticals, finance, and complex systems modeling.

• Enhanced Security Features: Integrate post-quantum cryptography and hardware Root-of-Trust technologies to ensure secure quantum computing solutions.

Opportunities for Expansion

Quobly's strategic partnerships and technological advancements position it to expand its presence in the U.S. market, particularly in sectors such as defense, security, and critical infrastructure, where secure and scalable computing architectures are essential.