Curator's Take
This investment marks a significant endorsement of Alice & Bob's unique approach to quantum error correction using "cat qubits," which promise dramatically reduced error rates compared to conventional superconducting qubits. NVIDIA's backing through NVentures signals growing industry confidence that fault-tolerant quantum computing is transitioning from theoretical possibility to commercial reality, particularly as NVIDIA positions itself across the quantum computing stack from hardware to software. The partnership could accelerate development timelines for practical quantum applications, as Alice & Bob's cat qubit architecture requires fewer physical qubits to achieve fault tolerance, potentially making quantum advantage achievable sooner than with traditional approaches. This extension of their €100 million Series B also reflects the substantial capital requirements for quantum hardware development and the increasing willingness of major tech players to make long-term bets on differentiated quantum architectures.
— Mark Eatherly
Summary
Insider Brief 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 […]