Quobly raises $150M for its silicon spin qubit technology

Everyone is making AI videos. But French startup Quobly is taking a quantum leap forward. They've secured €130M, about $150M, in a Series A funding round. This was led by STMicroelectronics. The goal? To commercialize their silicon spin qubit technology. This follows a previous €40M round, which validated their approach. STMicroelectronics' involvement shows a significant strategic interest in quantum computing infrastructure. So, why does this matter? Quantum computing has the potential to solve complex problems faster than traditional computers. Quobly's technology could lead to breakthroughs in industries like cryptography and pharmaceuticals. It's a crucial step in making quantum computing more accessible and practical. Want more details on Quobly's innovative journey? Full article link in bio.