News

Quobly wins €2.5 million EIC grant to develop FD-SOI quantum processor demonstrator

By Quobly

Oct 15, 2024

The European Innovation Council has approved €2.5 million in EIC Transition funding for Quobly for its MCSQUARE project to build an FD-SOI quantum processor demonstrator.

This new project will build on the advances made during the Quantum Flagship project QLSI (Quantum Large Scale Integration in Silicon) to deliver an FD-SOI-based quantum processor demonstrator with a novel 4×4 multicore architecture, which presents both long- and short-term advantages that will enable progress towards fault-tolerance and support promising noisy intermediate-scale quantum (NISQ) algorithms.

“At Quobly, we are on track to build the most energy-efficient and cost-effective full-stack quantum processor. Through the EIC-funded Transition program, we will demonstrate a multicore architecture leveraging Fully Depleted Silicon on Insulator (FD-SOI) technology, the cornerstone of scaling. We will then be prepared to increase both the number of cores and the number of qubits per core,” says Maud Vinet, CEO of Quobly.

More information is available here: https://cordis.europa.eu/project/id/101136414

This news follows the major news that Quobly completed its first funding round of €19 million. The startup is developing a fault-tolerant quantum processor to power a universal quantum computer.

Quantonation, Bpifrance (via the Deep Tech 2030 fund managed on behalf of the French government as part of the France 2030 program), Supernova Invest, and Innovacom led the round. Crédit Agricole Alpes Développement, CEA Investissement, Caisse d’Epargne Rhone Alpes, and BNP Paribas also participated. The influx of capital will double Quobly’s R&D capabilities and allow the company to deploy the remote access solutions needed to develop software.

 Download the press release (in French).