Alice & Bob is a Superconducting Qubits company founded in 2020 and based in Paris, France. It has raised $138.2M in total funding, most recently a Series B extension in 2026.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jan 28, 2025 | Series B | $104.9M | — | Future French Champions, AVP, Bpifrance |
| Mar 9, 2022 | Series A | $30M | — | Elaia, Bpifrance, Supernova Invest |
| Jan 1, 2020 | Seed | $3.3M | — | Elaia, Breega |

Alice & Bob's model estimates about 17 times less hardware is needed to break Bitcoin keys with a quantum computer.

Alice & Bob estimates Shor's algorithm would need 22,593 cat qubits and 3.14 days to break RSA-2048, a theoretical projection, not a demonstration.

Alice & Bob demonstrates a non-Clifford gate on cat qubits, completing a fault-tolerant gate set on chip.

Alice & Bob reports Phase 1 results from France's PROQCIMA quantum computing program.
Alice & Bob shares first results from its work under France's PROQCIMA quantum computing program.

Alice & Bob tests three cat-qubit chips in France, per Quantum Zeitgeist.
Series of superconducting cat qubit processors designed to suppress bit-flip errors autonomously at the hardware level. The Boson 4 chip demonstrated a bit-flip lifetime exceeding 7 minutes; a 2025 successor sustained stability for approximately one hour—a record for superconducting qubits. Cat qubits encode quantum information in superpositions of coherent states, inherently protecting against one error type and dramatically reducing the overhead needed for full fault tolerance.
Alice & Bob's 2025 development-stage processor targeting the construction of a single error-corrected logical qubit below the fault-tolerance threshold, using concatenated cat qubit codes. Represents the second stage of the company's roadmap (following Boson) toward a universal fault-tolerant machine. Designed for researchers benchmarking logical-qubit performance and early quantum error correction experiments on superconducting hardware.