C12 (https://www.c12qe.com/), the pioneering quantum computing startup co-founded by twin brothers Pierre Desjardins and Matthieu Desjardins, has secured an €18 million funding round ($19.4 million USD) to advance its cutting-edge quantum processor technology. Established in 2020 as a spin-off from the École Normale Supérieure’s Physics Laboratory, C12 focuses on leveraging carbon nanotubes to create next-generation quantum computers.
Quantum computing represents a transformative frontier in technology, promising exponential computational power by harnessing quantum mechanics principles. Unlike traditional computing based on electronic transistors, quantum computers manipulate quantum bits or qubits to process vast amounts of data simultaneously, potentially solving complex problems beyond the reach of classical computers.
“With our unique approach using carbon nanotubes, we aim to address the inherent challenges of quantum computing, such as minimizing errors and increasing scalability,” remarked Pierre Desjardins, CEO of C12. The company’s patented nano-assembly process allows carbon nanotubes to be intricately integrated onto silicon chips, marking a significant leap in quantum processor fabrication.
C12’s commitment to innovation extends to its newly operational production facility near the Pantheon in Paris, where it produces quantum chips at a rate of one per week. These chips, currently equipped with one to two qubits, are pivotal in validating foundational quantum elements and preparing for future scalability.
Beyond hardware development, C12 has developed Callisto, an emulator that enables developers to simulate quantum computing tasks on conventional computers. This emulator serves as a crucial tool for refining quantum algorithms and preparing for practical applications once quantum computers achieve commercial viability.
The latest funding round, led by Varsity Capital, Verve Ventures, and the EIC Fund, with continued support from existing investors 360 Capital, Bpifrance, and BNP Paribas, underscores confidence in C12’s technological advancements and strategic vision. The company plans to deepen partnerships across industries, with initial collaborations established in the chemical and energy sectors, including a notable partnership with Air Liquide.
Looking ahead, C12 aims to achieve a significant milestone in quantum computing: enabling quantum operations between distant qubits, a breakthrough that could enhance connectivity and scalability in quantum systems. This ambition reflects C12’s leadership in advancing quantum computing capabilities and positioning itself at the forefront of the quantum revolution.
Source: , TechCrunch
