STMicroelectronics Joins €115M Funding Round for Quantum Startup Quobly
STM•STMicroelectronics participated in a €115 million funding round for quantum computing startup Quobly alongside Bpifrance and Sealsq. The chipmaker will manufacture Quobly’s modified-transistor quantum chips for cloud-based systems planned for Grenoble launch.
1. Funding Round Participation
STMicroelectronics led a €115 million Series A funding round for French quantum computing startup Quobly, joining state-backed investment bank Bpifrance and investor Sealsq. This capital infusion follows major European and U.S. investments in quantum technologies and highlights STMicroelectronics’ commitment to next-generation computing.
2. Modified-Transistor Quantum Chips
Quobly develops quantum chips using modified semiconductor transistors, leveraging existing fabrication processes to target cost reductions up to 100 times compared with competing architectures. The approach aims to combine established semiconductor scale-economics with quantum performance for applications in chemistry, biotechnology and cybersecurity.
3. Manufacturing Collaboration
Under the partnership, STMicroelectronics will produce Quobly’s quantum chips using its commercial fabrication facilities, ensuring consistent yields and quality control. A dedicated team of about 15 engineers works within STMicroelectronics’ fab network to integrate Quobly’s design requirements into large-scale production.
4. System Deployment Plans
Quobly plans to make its first quantum systems available via cloud access from its Grenoble headquarters by year-end. This deployment will showcase the startup’s technology and strengthen STMicroelectronics’ position in the emerging quantum computing services market.
