Address

C12 Quantum Electronics
26 rue des Fossés Saint-Jacques
75005 Paris
France

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VCID: 17604196
http://vcinvest.com/node/17604196
    Profile

    Corporate information

    Official name
    C12 Quantum Electronics SAS

    Registration country
    Investment activity status
    Active investor


    Overview

    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.

    Funding rounds

    Change in valuation: unknown

    Profile Country Notes
    Verve Capital Partners AG Switzerland Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    360 Capital Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    BPI France Initial investment. Round participant.

    Change in valuation: unknown

    Profile Country Notes
    Airbus Ventures Silicon Valley-headquartered, early-stage investment funds, financed by Airbus Group, that operate within the Airbus family of companies. Initial investment. Round participant.

    Current and past shareholders

    Investor Round
    360 Capital
    N/A
    Airbus Ventures logo Airbus Ventures
    Silicon Valley-headquartered, early-stage investment funds, financed by Airbus Group, that operate within the Airbus family of companies.
    N/A
    BPI France
    N/A
    Verve Ventures logo Verve Capital Partners AG
    N/A