C12, a French quantum computing startup founded by twin brothers, raises $19.4M:
C12 is announcing that it recently raised an €18 million funding round ($19 ...
techcrunch.com/2024/06/19/c12-the-french-quantum-computing-startup-founded-by-two-twin-brothers-raises-194-million/
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Revolutionary Quantum Chips Using Carbon NanotubesC12 raised €18M to produce quantum chips weekly using a patented nano-assembly process in its Paris facility.
Key FactsJun 19, 2024 · Reading time: ~45 sec.
Summary created with AI assistance · Source: techcrunch.com
Summary created with AI assistance · Source: techcrunch.com
- Founded in 2020, C12 specializes in quantum computers built with carbon nanotubes and holds a unique patented manufacturing method.
- The startup currently manufactures about one chip per week and tests them in a dedicated mini data center.
- Its technology targets chemical and energy sectors, focusing on simulating reactions and solving complex optimization challenges.
- With 45 employees, C12 aims to expand industrial collaborations and achieve long-distance quantum operations between qubits.
If we want to create a model — an exhaustive simulation of a chemical reaction — to know how new drugs are going to interact with our cells, that’s not possible with a conventional approach.— C12 co-founder and CEO Pierre Desjardins told TechCrunch.
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