• Sector : Quantum Computing Investment Date : November 2023
  • Founders : Théau Peronnin and Raphael Lescanne C4 Ventures team : Eric, Michel
  • HQ : Paris, France Website : https://alice-bob.com/

What they do
Alice & Bob is a quantum computing company based in Paris and Boston whose goal is to create the first universal, fault-tolerant quantum computer. Founded in 2020, Alice & Bob has already raised €130 million in funding, hired over 110 employees and demonstrated experimental results surpassing those of technology giants such as Google or IBM. Alice & Bob specializes in cat qubits. Demonstrating the power of its cat architecture, Alice & Bob recently showed that it could reduce the hardware requirements for building a useful large-scale quantum computer by up to 200 times compared with competing approaches. At the center of cat qubits’ hardware-efficiency is the inherent suppression of bit-flip errors, one of the two types of errors that plague quantum computers. This property is key to enabling more efficient architectures for Fault-Tolerant Quantum Computers (FTQCs) that resist errors and can be used in real-world applications. Alice & Bob is the only player developing quantum computers exclusively with this type of qubit, which the company has pioneered since its inception in 2020. Alice & Bob cat qubit is available for anyone to test through cloud access. Follow Alice & Bob on LinkedIn, X orYouTube, visit their website www.alice-bob.com, or join The Cat Tree on Slack to learn more.