Alice & Bob Announces Investment From NVIDIA’s VC Arm in Series B Extension
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Insider Brief Alice & Bob said NVentures, NVIDIA’s venture capital arm, expanded the company’s €100 million Series B round to support development of its fault-tolerant quantum computing architecture based on cat qubits. The companies said they have collaborated since 2024 on integrating Alice & Bob’s technology with NVIDIA’s hybrid quantum-classical computing ecosystem, including CUDA-Q, cuQuantum, Dynamiqs, and NVQLink. Alice & Bob and NVIDIA said they plan to continue working on bringing hybrid quantum-GPU systems to high-performance computing centers by integrating cat-qubit hardware with NVIDIA’s accelerated computing infrastructure and software stack. Image: Alice & Bob founders: Théau Peronnin and Raphael Lescanne (Alice & Bob) PRESS RELEASE — Alice & Bob, a leader in fault tolerant quantum computing, announces investment from NVentures, NVIDIA’s venture capital arm, that expands its €100 million Series B round. The investment supports Alice & Bob’s development of an architecture towards fault-tolerant quantum computing. Financial details of the investment were not disclosed. “We’ve been working alongside NVIDIA to connect our cat-qubit architecture with its full accelerated computing ecosystem, from hardware to software, in support of the first fault-tolerant quantum computers. NVentures’ investment marks a new phase in that relationship and reinforces our common view that the future of quantum will be hybrid, combining quantum and classical computing to solve real-world problems.” Théau Peronnin, CEO, Alice & Bob “NVIDIA has built the platform the quantum ecosystem needs to develop and run hybrid quantum-GPU supercomputers, connecting quantum processors to state-of-the-art accelerated computing. Alice & Bob shares NVIDIA’s vision for accelerated quantum supercomputing, and has worked closely with us to integrate their qubits with our quantum platform for advancing the scientific computing of the future,” Timothy Costa, Vice President and General Manager of Quantum at NVIDIA Alice & Bob and NVIDIA have built close technical collaboration since 2024, including work with NVIDIA CUDA-Q, cuQuantum, and Dynamiqs, Alice & Bob’s open-source quantum simulation library, as well as on NVQLink, NVIDIA’s open architecture for hybrid quantum-classical computing.Alice & Bob will continue to collaborate with NVIDIA to bring quantum computers to high-performance-computing centers worldwide, integrating cat-qubits with their accelerated computing infrastructure and software stack, as integration projects are ongoing between the two organizations.
Matt Swayne LinkedIn With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. matt@thequantuminsider.com Share this article: