In the race towards quantum computing, Parisian deeptech startup lands €27 million to lower phase-flip errors

Global technology giants, including Google, Amazon and IBM, academia, laboratories and startups around the world are racing to build a fault-tolerant quantum computer. Attempting to unlock the mystery and drive in large-scale production of this technology, French quantum computing startup Alice&Bob has raised €27 million. Founded by Théau Peronnin and Raphaël Lescanne as a spinout from French academia, the Parisian startup is on a mission to build a large-scale, fault tolerant quantum computer. Raphaël Lescanne, co-founder and CTO, Alice&Bob said: “The result confirms our choice of superconducting cat qubits as the building block for our quantum computer. It also consolidates our plan to remove the phase-flip error.” Sofia Dahoune, investment director, Elaia, said: “As deep tech investors, we are convinced that some of society’s biggest challenges can be addressed by using breakthrough technologies created in research labs.