French quantum computing startup Quobly has received €21m ($23.7m) in funding to commercialize its silicon quantum processor with 100 physical qubits. The Q100T project is supported by a €15 million ($17 million) grant from Bpifrance under the France 2030 program and €6 million ($6.8 million) from the company’s shareholders.
Quobly’s technology is based on developments by CEA (Commissariat for Alternative Energy and Atomic Energy) and CNRS (National Center for Scientific Research). The Q100T processor is built on 300mm FD-SOI wafers, which ensures compatibility with standard semiconductor manufacturing equipment. The startup has already demonstrated the performance of a qubit on such a wafer.
Source: Quobly
At the end of 2024, Quobly announced a partnership with STMicroelectronics to launch mass production of chips. The goal is to achieve mass production readiness by 2027. In addition, former Airbus vice president Philippe Delmas has joined the startup’s board of directors, which will strengthen management expertise.
“With this funding, we are entering the final stage of industrializing our technology,” said Maud Vinet, CEO and co-founder of Quobly. – Our original goal of making quantum technology affordable, manageable and scalable is now becoming a reality.”
Project Q100T could be a breakthrough for the industry: using standard semiconductor processes will make quantum chips cheaper to produce, which is important for their commercialization. Right now, most quantum systems require unique conditions such as ultra-low temperatures or vacuum, which limits applications.
