French quantum computing startup Quobly has secured €115 million to push forward its work on silicon-based quantum computers, according to Evertiq.
The fundraise marks a significant capital injection for the company, which is betting on silicon as the material of choice for building quantum hardware. Silicon is notable in this field because it shares its manufacturing foundation with conventional computer chips — the same factories and techniques that power today's smartphones and laptops could, in theory, be adapted to produce quantum processors at scale.
Most rival quantum computing efforts rely on materials like superconducting metals or trapped ions, which require exotic and expensive manufacturing setups. A silicon-based approach, if it can be made to work reliably, could offer a more practical path to mass production.
Details on the investors involved or the specific milestones Quobly plans to hit with the new funding were not included in the report from Evertiq.
The raise matters because quantum computing is entering a critical phase where well-funded companies are racing to demonstrate machines capable of solving problems beyond the reach of classical computers — and the approach a company bets on today could determine who leads the industry tomorrow.