# C12 Quantum Electronics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/c12-quantum-electronics

- Industry: Electronics
- Headquarters: Paris, France
- Website: www.c12qe.com
- Total disclosed funding: $21M
- Latest round: Series A (Mar 2, 2024)
- Investors on record: 7

## About

Based in Paris, France, and founded in 2020 by CEO Pierre Desjardins, and CTO Matthieu Desjardins, alongside Takis Kontos, Matthieu Delbecq, and Jérémie Viennot, C12 Quantum Electronics SAS operates as an electronics company that is developing quantum processors by using carbon nanotubes to build the next generation of quantum computers. In June 2024, C12 Quantum Electronics SAS raised EUR 18 million in venture funding co-led by new investors Varsity, EIC Fund, and Verve Ventures, with participation from returning investors 360 Capital, Bpifrance, and BNP Paribas Développement. Other unspecified investors also participated in the round.

C12 Quantum Electronics SAS builds quantum processors powered by carbon nanotubes, a defect-free component that offers a minimal interface with its environment. The processors solve complex problems for the quantum industry. The technology of the company has the potential to process quantum information with fidelity and at scale by combining carbon nanotubes and semiconductor techniques.

## Funding rounds

- Series A, Mar 2, 2024, $15M — Varsity, European Innovation Council, BNP Paribas Developpement, Verve Ventures
- Seed, Sep 10, 2021, $6.3M — 360 Capital, Bpifrance, Airbus Ventures, BNP Paribas Developpement

## Investors

- 360 Capital (https://capitalatlas.ai/funds/360-capital) — Seed
- Bpifrance — Seed
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Seed
- BNP Paribas Developpement (https://capitalatlas.ai/funds/bnp-paribas-developpement) — Seed, Series A
- Varsity (https://capitalatlas.ai/funds/varsity) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Series A