C12 Quantum Electronics

Paris, France Founded: 2019 • Age: 7 yrs
Manufacturer of application-specific integrated circuits for quantum computing applications
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About C12 Quantum Electronics

C12 Quantum Electronics is a company based in Paris (France) founded in 2019 by Matthieu Desjardins and Pierre Desjardins.. C12 Quantum Electronics has raised $29.31 million across 4 funding rounds from investors including Bpifrance, Varsity Ventures and Verve Ventures. C12 Quantum Electronics offers products and services including Callisto. C12 Quantum Electronics operates in a competitive market with competitors including Seeqc, IQM, Xanadu, Cnano Technology and OCSiAl, among others.

  • Headquarter Paris, France
  • Founders Matthieu Desjardins, Pierre Desjardins
  • Sectors
    Technology
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Quantum & Emerging Technologies
Chemicals & Materials → Advanced & Functional Materials
Technology → Quantum & Emerging Technologies
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.31 M (USD)

    in 4 rounds

  • Latest Funding Round
    $19.31 M (USD), Series A

    Jun 19, 2024

  • Investors
    Bpifrance

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of C12 Quantum Electronics

C12 Quantum Electronics offers a comprehensive portfolio of products and services, including Callisto. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Emulates quantum circuits up to 13 qubits for cloud-based testing and simulation.

People of C12 Quantum Electronics
Headcount 10-50
Employee Profiles 36
Board Members and Advisors 3
Employee Profiles
People
Lauretta Fondop
Research Engineer, CNT Growth
People
Pierre Desjardins
Co-Founder & CEO
People
Quentin Schaeverbeke
Theory & Application Lead
People
Matthieu Lebard
Finance & Admin Manager

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Board Members and Advisors
people
Jérémie Viennot
Scientific Advisor
people
Takis Kontos
Scientific Advisor
people
Matthieu Delbecq
Scientific Advisor

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Funding Insights of C12 Quantum Electronics

C12 Quantum Electronics has successfully raised a total of $29.31M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $19.31 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $19.3M
  • First Round

    (08 Jun 2021)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Series A - C12 Quantum Electronics Valuation Varsity Ventures , Verve Ventures
Jun, 2022 Amount Grant - C12 Quantum Electronics Valuation

investors

Jun, 2021 Amount Grant - C12 Quantum Electronics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in C12 Quantum Electronics

C12 Quantum Electronics has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bpifrance, Varsity Ventures and Verve Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investment firm focused on multiple sectors
Founded Year Domain Location
Venture capital firm focused on science and tech-driven startups
Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by C12 Quantum Electronics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - C12 Quantum Electronics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

C12 Quantum Electronics Comparisons

Employees
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Competitors of C12 Quantum Electronics

C12 Quantum Electronics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seeqc, IQM, Xanadu, Cnano Technology and OCSiAl, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
System-on-chips for quantum computing applications are provided.
domain founded_year HQ Location
Superconducting quantum computers are developed with advanced processors and operations.
domain founded_year HQ Location
Xanadu is involved in unspecified technology or AI solutions.
domain founded_year HQ Location
Carbon nanotubes are manufactured for advanced energy and materials applications.
domain founded_year HQ Location
Single-walled carbon nanotubes are developed along with TUBALL-based masterbatches.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on C12 Quantum Electronics

Frequently Asked Questions about C12 Quantum Electronics

When was C12 Quantum Electronics founded?

C12 Quantum Electronics was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is C12 Quantum Electronics located?

C12 Quantum Electronics is headquartered in Paris, France.

Who is the current CEO of C12 Quantum Electronics?

Pierre Desjardins is the current CEO of C12 Quantum Electronics. They have also founded this company.

Is C12 Quantum Electronics a funded company?

C12 Quantum Electronics is a funded company, having raised a total of $29.31M across 4 funding rounds to date.

What does C12 Quantum Electronics do?

C12 Quantum Electronics was founded in 2019 in Paris, France, and operates within the quantum computing sector. Application-specific integrated circuits are produced for quantum processors, with quantum bits encoded in single-electron spins within suspended carbon nanotubes. Operations focus on silicon wafer integration, microwave resonators for qubit connectivity, and error reduction. These technologies support optimization tasks in quantum computing applications.

Who are the top competitors of C12 Quantum Electronics?

C12 Quantum Electronics's top competitors include Seeqc, IQM and Xanadu.

What products or services does C12 Quantum Electronics offer?

C12 Quantum Electronics offers Callisto.

Who are C12 Quantum Electronics's investors?

C12 Quantum Electronics has 8 investors. Key investors include Bpifrance, Varsity Ventures, Verve Ventures, EIC Fund, and 360 Capital Partners.

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