Grenoble-based quantum computing company Quobly has raised €115 million in a Series A round, marking one of the larger financings in Europe’s quantum sector this year.
The round was led by Bpifrance, SEALSQ and STMicroelectronics, with participation from the European Innovation Council Fund, Blast, ALIAD and existing investor Innovacom. Quobly said the funding follows its €19 million seed phase between 2023 and 2025.
The company develops silicon-based quantum computers using semiconductor manufacturing processes, an approach aimed at improving scalability and manufacturability. It said the new capital will fund R&D, industrialization, international expansion, and the rollout of its first commercial quantum computer through the cloud by the end of 2026 under its Alloy product line.
The raise highlights continued investor interest in quantum computing infrastructure, particularly platforms positioned around industrial production and integration with existing HPC and data center environments.
The round was led by Bpifrance, SEALSQ and STMicroelectronics, with participation from the European Innovation Council Fund, Blast, ALIAD and existing investor Innovacom. Quobly said the funding follows its €19 million seed phase between 2023 and 2025.
The company develops silicon-based quantum computers using semiconductor manufacturing processes, an approach aimed at improving scalability and manufacturability. It said the new capital will fund R&D, industrialization, international expansion, and the rollout of its first commercial quantum computer through the cloud by the end of 2026 under its Alloy product line.
The raise highlights continued investor interest in quantum computing infrastructure, particularly platforms positioned around industrial production and integration with existing HPC and data center environments.