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Alice & Bob

Quantum-Processors • France
2020
Founded
France
Country
Private
Status
$702M
Total Raised

About Alice & Bob

Alice & Bob

Alice & Bob is a pioneering French quantum computing startup that has developed a revolutionary approach to quantum error correction using ‘cat qubits’ - a breakthrough technology that significantly reduces the overhead required for fault-tolerant quantum computing. Founded in 2020 by Théau Peronnin, Raphaël Lescanne, and other researchers from École Normale Supérieure and INRIA, the company has created superconducting cat qubits that exhibit natural protection against bit-flip errors, potentially reducing the number of physical qubits needed for logical qubits by orders of magnitude. Alice & Bob’s technology addresses one of quantum computing’s most critical challenges: achieving fault-tolerant quantum computing with manageable hardware overhead. The company has secured significant funding from European investors and established partnerships with research institutions and industry collaborators. Their cat qubit approach represents a fundamentally different path toward practical quantum computing, potentially enabling quantum advantage with far fewer physical qubits than conventional approaches. Alice & Bob’s innovative technology positions France and Europe as leaders in the race toward fault-tolerant quantum computing.

Company Information

Key People

Théau Peronnin (Co-founder, CEO), Raphaël Lescanne (Co-founder, CTO)

Investment Information

  • Status: private
  • Total Raised: $702M
  • Last Valuation: $545M

Recent Funding Rounds

  • 2025-01-28: series-b - $109M - Series B funding round led by Future French Champions (FFC)
  • 2024-03-15: grant - $18M - Innovation grant from Bpifrance
  • 2024-06-20: strategic - $545M - French Ministry PROQCIMA initiative participation
  • 2022-06-14: series-a - $30M - Series A funding round

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Company Information

📅

Founded

2020

🌍

Country

France

🌐
🏷️

Categories

Quantum-Processors

Investment Information

📊

Status

Private

💰

Total Raised

$702M

4 funding rounds tracked. View detailed investment history →

Key People

Théau Peronnin (Co-founder, CEO), Raphaël Lescanne (Co-founder, CTO)

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