Quantum startup Quobly raises €115m backed by STMicroelectronics

📊Executive Summary
Quobly, a French startup focused on quantum computing, has secured €115 million in Series A funding to scale its production capabilities. The funding round was co-led by Bpifrance and STMicroelectronics, highlighting the collaboration between quantum technology and semiconductor manufacturing. Quobly's approach utilizes silicon to trap qubits, leveraging existing semiconductor infrastructure for efficient production. The startup plans to transition from pilot production to industrial-scale manufacturing with STMicroelectronics' partnership, aiming to deliver its first quantum computers commercially by the end of 2026. This development is significant as it underscores the intersection of semiconductor technology and advanced computing, which could impact supply chains in the semiconductor industry....
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