Paris-based C12 Quantum Electronics builds quantum processors powered by the most elementary material. It claims that its processors will solve highly complex problems for the industry – beyond the reach of any classical supercomputer.
C12 Quantum Electronics raises Seed fund
In a recent development, the company announced it has raised $10M (approx €8.2M) in its Seed round of funding led by 360 Capital, alongside bpifrance (Digital Venture Fund), Airbus Ventures, BNP Paribas Développement, and renowned BAs including Octave Klaba (founder of OVHCloud). In addition, grants were also provided from Bpifrance and the Ile-de-France Region.