Alice & Bob is welcoming a global tech heavyweight among its investors. The French company, one of the country’s leading quantum champions, has announced an investment from NVentures, Nvidia’s venture capital arm. Nvidia, of course, is the global giant in AI-focused semiconductor chips. The amount of the investment has not been disclosed.
Nvidia’s financial backing comes as part of Alice & Bob’s €100 million Series B round completed in January 2025. The round was led by Future French Champions (FFC), AVP (Axa Venture Partners), and Bpifrance. All Series A investors — who had contributed €27 million in March 2022 — including Elaia Partners, Breega, Supernova Invest, and Bpifrance, also participated in the round.
The deeptech company had stated that it would use the funding to develop its first error-free logical qubit, a decisive milestone toward achieving its original ambition. As part of this plan, the company announced that half of the €100 million raised would be allocated to building a 4,000-square-meter production, research, and development center north of Paris. For context, the French firm is betting on the Schrödinger cat qubit approach to build the first universal, fault-tolerant quantum computer.
Nvidia and Alice & Bob Have Been Collaborating Since 2024
With Nvidia now at its side, Alice & Bob gains an additional lever to accelerate its growth.
“We are collaborating with Nvidia to integrate our cat-qubit architecture into its full accelerated computing ecosystem — from hardware to software — to support the first fault-tolerant quantum computers. NVentures’ investment marks a new stage in this collaboration and reinforces our belief that the future of quantum computing will be hybrid, combining quantum and classical computing to solve real-world problems,” said Théau Peronnin, co-founder and CEO of Alice & Bob.
Even before NVentures’ investment, the French startup and Nvidia had already been working together since 2024, notably around NVQLink — Nvidia’s open architecture for hybrid quantum-classical computing — and CUDA-Q, the American group’s quantum development platform.
This partnership is therefore entering a new phase through the investment, particularly with plans to deploy Alice & Bob’s quantum computers in Nvidia’s high-performance computing (HPC) data centers.
2025: A Turning Point for Jensen Huang and Quantum Computing
This represents significant recognition for the French company, especially given that Jensen Huang, Nvidia’s CEO, has not always been enthusiastic about quantum computing.
In January 2025, he stated that quantum technologies were still immature and that meaningful results would likely not emerge for another twenty years. His remarks triggered sharp declines in the stock prices of sector players such as Rigetti Computing, IonQ, and Quantum Computing.
Two months later, however, the Taiwanese-American executive walked back those comments during Nvidia’s annual GTC conference in San Jose, California. He invited several quantum industry leaders on stage, including Théau Peronnin, CEO of Alice & Bob.
This latest move therefore represents a renewed vote of confidence from Nvidia — both in quantum computing and in Alice & Bob — in the spring of 2026.
