Bignon Lebray advised the EIC Fund (European Innovation Council Fund) on its participation in Quobly’s Series A financing round, a French company specialising in quantum computing.
The €115 million financing round was led by Bpifrance, through its Deep Tech 2030 fund managed on behalf of the French State as part of the France 2030 programme, SEALSQ and STMicroelectronics. The round also included the EIC Fund (European Innovation Council Fund), Blast, ALIAD (Air Liquide Venture Capital) and existing investor Innovacom, alongside historical shareholders including CEA, CNRS, Quantonation and Supernova Invest.
Through this transaction, Quobly aims to accelerate the development and industrialisation of its silicon-based quantum technology, strengthen its R&D capabilities and support its international commercial expansion.
The company plans to deploy its first commercial cloud-accessible quantum computer by the end of 2026 under its Alloy product range.
Bignon Lebray’s involvement
Bignon Lebray advised the EIC Fund on all legal aspects relating to its participation in the transaction.
This transaction reflects the firm’s commitment to supporting investors backing high-growth-potential companies. It also highlights Bignon Lebray’s ability to mobilise multidisciplinary expertise to secure complex transactions supporting innovation and economic development.
Corporate Law – Mergers & Acquisitions – Private Equity: Alexandre Ghesquière, Partner, and Martin Wartelle, Associate
Intellectual Property & New Technologies: Benjamin Mourot, Partner, and Adrien Morisse, Senior Associate
Commercial Law: Philippe Larivière, Partner, and Audrey Bueche, Senior Associate
Banking, Finance & Capital Markets: Serge Rastorgoueff, Partner, and Dimitri Nadelgaft, Senior Associate
Employment & Social Security Law: Antoine Benoit, Partner, and Lucas Villain, Associate
Deal Team
Quobly’s legal counsel: Goodwin and Kelten
Quobly’s financial advisers: Avolta and Rochefort & Associés
Investors’ legal counsel: Jones Day and Rimon Law
Banking partners: BNP Paribas, Bpifrance, Caisse d’Épargne Rhône-Alpes and Société Générale