Official announcements from C12 or major financial news outlets

French Quantum Computing Startup C12 Raises €18M for Carbon Nanotube-Based Technology

Jun 19, 2024, 08:32 PM

C12, a French quantum computing startup founded by twin brothers in 2020, has successfully raised €18 million ($19.4 million) in a recent funding round. The Paris-based company is developing a carbon nanotube-based quantum computer aimed at stabilizing qubits for universal quantum computing. The funding round was led by Varsity, EIC, and Verve. This follows a previous seed round of approximately €9 million in 2021.