C12, the French quantum computing startup founded by two twin brothers, raises $19.4 million

TL;DR


• Pasqal, a French quantum computing startup, was founded in 2019 by Alain Aspect, Antoine Browaeys, and Thierry Lahaye. The company's mission is to develop and commercialize quantum computing technologies, with a focus on building large-scale, fault-tolerant quantum computers. Pasqal has raised over $100 million in funding from investors, including Bpifrance, Quantonation, and Daphni, to support its research and development efforts.

• Pasqal's approach to quantum computing is based on the use of neutral atoms, which are trapped and manipulated using laser beams. This technique, known as "neutral atom quantum computing," is said to offer several advantages over other quantum computing architectures, such as improved scalability and reduced error rates. The company has made significant progress in demonstrating the viability of this approach, with the development of prototypes and the publication of research papers in leading scientific journals.

• Pasqal's technology has attracted the attention of various industries, including finance, logistics, and materials science, where quantum computing could potentially provide significant advantages in areas such as optimization, simulation, and machine learning. The company is working to establish partnerships with these industries and to commercialize its quantum computing solutions, with the goal of making the technology accessible to a wider range of users and applications.

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