The archive · Space, Robots, Defence · Technical decision · 2022–2026
Quobly bets quantum runs on existing chip fabs; €115M Series A, first product due 2026
French silicon-qubit startup raises €115M to ship a cloud quantum computer by end-2026
Quobly
What the business is
Silicon-quantum-computing startup building qubits on standard semiconductor manufacturing processes, with an HPC/data-center-compatible quantum computer line called Alloy.
Starting capital:€19M seed (2023) plus €21M for the Q100T 100-qubit project (May 2025); €115M Series A (June 2026)
How it started
Founded in 2022 in Grenoble as Siquance by Maud Vinet (CEA-Leti) and Tristan Meunier (CNRS), who argued that 15+ years of shared microelectronics research made silicon qubits manufacturable at industrial scale.
What happened
Raised a record €19M European quantum-hardware seed in 2023, then €21M in May 2025 to industrialize the Q100T 100-physical-qubit chip. In June 2026 closed a €115M Series A led by Bpifrance, STMicroelectronics and SEALSQ, with EIC, Blast and Air Liquide Venture Capital participating, to move from validation to industrial execution.
How it ended up
Still scaling: first commercial machine (Alloy Pioneer) is slated for cloud access in 2026, with HPC/data-center deployments targeted for 2027.
Background
Quobly is betting that the way to scale quantum computing is not a breakthrough in physics but a breakthrough in manufacturing: build qubits on FD-SOI silicon using proven 300mm semiconductor processes, then let the chip industry's yield engineering do the scaling. Founded in Grenoble in 2022 by CEA-Leti and CNRS researchers Maud Vinet and Tristan Meunier, the company argues that other qubit platforms hit a wall when each machine has to be hand-assembled, while silicon qubits can ride existing fabs.
The thesis attracted industrial money early: a €19M seed in 2023 (a European record for quantum hardware at the time), then €21M in May 2025 to industrialize its Q100T 100-qubit processor. In June 2026 Quobly closed a €115M Series A led by Bpifrance, STMicroelectronics and Nasdaq-listed SEALSQ, with the EIC, Blast and Air Liquide Venture Capital participating, and STMicroelectronics' R&D chief publicly framed the round as the moment quantum computing entered semiconductor-grade industrialization.
The company's first commercial system, Alloy Pioneer, is designed to slot into existing HPC and data-center environments with compatible footprint, power and utility requirements, and is scheduled for cloud access by the end of 2026 with on-site HPC deployment in 2027. Quobly had more than 100 employees as of the June 2026 round and offices in France, Singapore and Canada.
What has to be true
- CEA-Leti and CNRS had 15+ years of joint silicon-quantum research, giving the founders a manufacturable technology base rather than a lab curiosity.
- Using FD-SOI 300mm wafers lets Quobly borrow the semiconductor industry's yield, reproducibility and scale rather than building bespoke infrastructure.
- Industrial partners invested directly: STMicroelectronics, Air Liquide, Soitec and Orano all back the industrialization story, not just the physics.
- The Alloy design deliberately targets existing HPC and data-center constraints, lowering the adoption hurdle for the first commercial machines.
What can be applied
A deep-tech startup can turn a presumed weakness into its moat: if the hard part is manufacturing, bet on the industry that already solved it rather than inventing a parallel one.
Aftermath
As of September 2026, Quobly is in industrial execution: the €115M Series A is closed, Alloy Pioneer is due for cloud access before the end of 2026, and HPC-infrastructure deployment is targeted for 2027. The company is expanding internationally from Grenoble with offices in Singapore and Canada.
Sources
- Quobly lève 115 millions d'euros en série A pour commercialiser ses ordinateurs quantiques sur silicium
- French quantum start-up Quobly bags €115m ahead of market debut
- SEALSQ Participates as a Lead Investor in Quobly's €115 Million Series A Financing
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