Alice&Bob, A Quantum Computing Startup, Raises $30M To Launch Its First Fault Tolerant ‘Cat Qubit’ Computers In 2023
Mar 10, 2022•over 3 years ago
Amount Raised
$30 Million
SustainabilityConsumer Goods
Description
Quantum computing has been something of a holy grail in the world of technology: in theory, it promises an unprecedented amount of processing power that could be used to solve the most complicated problems; in practice, most attempts at building the physical manifestation of the concept produce too many errors as a byproduct to make quantum computers productive at scale. Now a startup out of France believes it has made a breakthrough to solve those issues, and it is announcing some funding to help it apply those advances to building machines it intends to launch next year.
FundzWatch™ Score
78
Medium Activity
Funding Insights
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