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C12 proposes a radically new approach to quantum hardware. Instead of scaling imperfect qubits (the basic units of quantum computers) and trying to compensate in the architecture, C12 uses material innovation to develop near-perfect building blocks first. It proposes ultrapure carbon nanotubes to trap single electrons which act as near-perfect spin qubits. C12 has the unique ability to manufacture these carbon nanotubes with the right dimensions and place them on a semiconductor chip. This approach and the purity of the material render the proposed hardware much more scalable than currently existing quantum computers, with drastically reduced error rates. Therefore, this novel approach could disrupt the nascent quantum hardware market which is poised to grow to a trillion-dollar industry in the coming years.
Investors 5
Funding Rounds 2
Date | Series | Amount | Investors |
19.06.2024 | - | $19.46M | - |
08.06.2021 | - | $10M | 360 Capita... |
Mentions in press and media 8
Date | Title | Description |
21.06.2024 | C12 Quantum Computing: Leading the Charge in Quantum Technological Advancements | In the realm of quantum computing, C12, a pioneering French startup, has recently secured a substantial €18 million in funding to further its development of a carbon nanotube-based quantum computer. Founded by the visionary Desjardins broth... |
19.06.2024 | French quantum computing startup C12 raises €18M to stabilize qubits with carbon nanotubes
Quantum instability challenges
A new kind of qubit
Your vote of support is important to us and it helps us ke... | Few people have heard of the French quantum computing startup C12 Quantum Electronics SAS, but that could change if its novel architecture for creating the qubits that power these next-generation computers lives up to its billing.
A lot of ... |
19.06.2024 | C12 raises €18M for universal quantum computing | C12, a French spin-off of the Physics Laboratory of the École Normale Supérieure in Paris which is developing a carbon nanotube-based universal quantum computer, has closed its second round at €18M.
The new round of financing will allow C12... |
15.06.2021 | Paris-Based Startup C12 Quantum Electronics Raises $10MIllion, Led by 360 Capital | C12 Quantum Electronics announces the closing of a $10 million seed round comprising funds from 360 Capital, Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and Octave Klaba (OVHcloud), with additional grants f... |
08.06.2021 | C12 Quantum Electronics Raises $10M in Funding | C12 Quantum Electronics, a Paris, France-based company which makes functional units of quantum computers, raised $10M in funding.
Backers included 360 Capital, Bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, an... |
08.06.2021 | C12 Quantum Electronics announces 10M$ Seed round | Paris-based startup C12 Quantum Electronics raises 10M$ Seed round to help accelerate the development of the company’s unique quantum computing technology: a qubit, built from an ultra-pure carbon nanotube, suspended above a silicon chip, t... |
08.06.2021 | Paris-Based Startup C12 Quantum Electronics Raises $10M, Led by 360 Capital | |
- | C12 Quantum Electronics | “C12QE” |
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