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Company brief: Alice & Bob

Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.

Brief dated 2026-11-03. Figures assembled on 2026-11-02 from the stored copies of the sources named in each section.

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Company and sources

Country
France
SME in CORDIS
Yes
Technology areas of its EU projects
Quantum computing and simulation, Quantum sensing and metrology, Enabling technologies and supply chain

Legal entities linked to this company after a review of name and country:

EU grants

Takes part in 6 EU-funded quantum projects. EU contribution received: EUR 3,736,669.16 (net EU contribution CORDIS records for the company in these projects; not the project budgets and not payments).

EIC schemes named by the CORDIS funding scheme

  • EIC Accelerator, blended finance (grant plus an EIC Fund investment component): 1 project
EIC projects first, then the largest awards (whole project, all participants)
ProjectEIC schemeStartEU contribution to the project
CatQubit: Building universal quantum computers with self-correcting cat-qubit technologyEIC Accelerator, blended finance (grant plus an EIC Fund investment component)2022-01-01EUR 2,500,000
SUPREME 1: SUPERCONDUCTING EUROPEAN QUANTUM PILOT LINEOther scheme2026-04-01EUR 24,999,049.41
OpenSuperQPlus100: Open Superconducting Quantum Computers (OpenSuperQPlus)Other scheme2023-03-01EUR 19,999,327.25
Qu-Test: Qu-TestOther scheme2023-04-01EUR 18,912,678.81
EuroQSS: Universal European Quantum Software StackOther scheme2026-10-01EUR 4,999,077.50
QuBriC: Bridging Quantum and Classical Error Correction for Scalable Fault-tolerant Quantum ComputingOther scheme2026-10-01EUR 4,656,952.08

Source: CORDIS, Publications Office of the European Union, retrieved 2026-10-16.

Patent families

48 distinct quantum patent families, looked up on 2026-10-22.

Source: European Patent Office, Open Patent Services, by applicant name in the quantum CPC groups; derived counts only. A count is not a measure of patent quality or ownership.

Publications

69 works in quantum topics of the matched OpenAlex institution, looked up on 2026-10-20.

Source: OpenAlex, CC0; the institution is matched by name and country.

Infrastructure

Status: the deployment tracker names this company in no contract award.

Announced funding rounds

Announced rounds, newest first
DateType and statusAmountInvestors (organisations)Sources
2026-05-22Extension or further close
Closed
UndisclosedNVentures (NVIDIA)Alice & Bob (Company press release, read 2026-10-23; Paragraph beginning "The investment supports", second sentence)
Extension of the Series B; financial details not disclosed.
2026-04-27Public equity investment (EIC STEP Scale Up)
Selected, subject to due diligence
UndisclosedEuropean Innovation Council (EIC) and EIC FundEuropean Innovation Council (Official page, read 2026-10-23; List of the eight companies; EUR 146.5 million of equity combined, no per-company figure) Registry entry
Put forward for an EIC Fund investment decision under EIC STEP Scale Up, subject to due diligence.
2025-01-28Series B
Closed
EUR 100,000,000
As announced: a fundraising of €100 million
Future French Champions (lead), AVP (AXA Venture Partners) (lead), Bpifrance (lead), Supernova Invest, Elaia, Breega, European Innovation Council (EIC) and EIC FundSupernova Invest (Investor press release, read 2026-10-23; First body paragraph; paragraph beginning "All Series A investors")
Closed, disclosed investment rounds, one line per currency
CurrencyTotal as announcedRounds
EUREUR 100,000,0001

Not added: 1 undisclosed, 1 not closed (targets, commitments and selections), 0 acquisitions or listings and 0 included in a later figure. Currencies are never converted or added together.

From grant to equity

First EU-funded quantum project
CatQubit, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2022-01-01; EUR 2,500,000 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
First EIC Accelerator project
CatQubit, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2022-01-01; EUR 2,500,000 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
First round with the EIC Fund among the investors
2025-01-28, Series B, EUR 100,000,000 (as announced: a fundraising of €100 million). Sources: Supernova Invest (read 2026-10-23; First body paragraph; paragraph beginning "All Series A investors")
First equity round recorded in the portal
2025-01-28, Series B, EUR 100,000,000 (as announced: a fundraising of €100 million). Sources: Supernova Invest (read 2026-10-23; First body paragraph; paragraph beginning "All Series A investors")
Public investment registry
Alice & Bob selected for EIC STEP Scale Up investment (official source)
Time between
36 months (3.0 years) from the start of the first project to the first equity round recorded in the portal. That round is later than Series A, so earlier rounds are missing from the rounds file and the journey is left out of the median.

Lab to market: method, limits and every journey

Not covered

  • Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.
  • National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.
  • Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.
  • Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources.