NVIDIA NVentures invests in quantum startup Alice & Bob
▼ Summary
– Alice & Bob, a quantum hardware company based in Paris and Boston, uses a proprietary cat-qubit architecture to build fault-tolerant machines.
– NVentures, Nvidia’s venture arm, has joined Alice & Bob’s cap table in a Series B extension.
– The company’s existing investors include FFC, AVP, and Bpifrance.
– The investment deepens Alice & Bob’s partnership with Nvidia through the CUDA-Q platform.
Alice & Bob, a quantum hardware startup with dual headquarters in Paris and Boston, has secured investment from NVentures, the venture capital arm of Nvidia, as part of an extension to its Series B funding round. The company specializes in building fault-tolerant quantum computers using its proprietary cat-qubit architecture, a design that promises greater stability and error resistance.
This new backing adds NVentures to a cap table that already includes prominent investors such as FFC, AVP, and Bpifrance. Beyond the capital infusion, the partnership deepens Alice & Bob’s existing collaboration with Nvidia around CUDA-Q, Nvidia’s quantum computing platform. The startup will continue leveraging CUDA-Q to simulate and optimize its cat-qubit systems, accelerating progress toward practical, error-corrected quantum machines.
The investment signals growing confidence from major tech players in cat-qubit technology, which uses superconducting circuits designed to inherently suppress certain types of errors. This approach could prove critical in scaling quantum processors to commercially viable sizes. By aligning with Nvidia’s quantum ecosystem, Alice & Bob positions itself to benefit from advanced simulation tools and broader industry integration as the race to build reliable quantum computers intensifies.
(Source: The Next Web)
