# Alice & Bob funding: rounds and investors

> Alice & Bob has raised $104M across 2 rounds since 2025. Investors include Bpifrance, AVP and EIC Accelerator. Every round with its source.

Source: https://millionrounds.com/company/alice-and-bob (Millionrounds; every figure on the page links to its filing or article)

France · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Alice & Bob*

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Hardware & Electronics Quantum Computing

Raised 7 months ago

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Funding summary Updated 15 Nov 2026

**$104M** raised across 2 rounds since 2025, from 3 sources

- **Latest round:** Venture May 2026
- **Biggest round:** $104M Series B · Jan 2025
- **Investors:** 8 (3 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$104M** Series B

**?** Venture

- **First round:** Series B, $104M
- **Biggest round:** $104M
- **Between rounds:** 15 months

## The rounds

- **May 2026** Venture **Amount undisclosed** *1 new* *4 returning* [Bpifrance](https://millionrounds.com/fund/bpifrance) [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Breega](https://millionrounds.com/fund/breega) [nVentures](https://millionrounds.com/fund/nventures-2) [AVP](https://millionrounds.com/fund/avp-2) Source recorded
- **Jan 2025** Series B **$104M** *7 new* [Bpifrance](https://millionrounds.com/fund/bpifrance) Lead [AVP](https://millionrounds.com/fund/avp-2) Lead [Future French Champions](https://millionrounds.com/fund/future-french-champions) Lead [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Elaia](https://millionrounds.com/fund/elaia) [Breega](https://millionrounds.com/fund/breega) [Supernova Invest](https://millionrounds.com/fund/supernova-invest) Reported by Silicon Canals and 1 other

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2025 **Venture** 2026 [Bpifrance](https://millionrounds.com/fund/bpifrance) L [AVP](https://millionrounds.com/fund/avp-2) L [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) [Breega](https://millionrounds.com/fund/breega) [Future French Champions](https://millionrounds.com/fund/future-french-champions) L [Elaia](https://millionrounds.com/fund/elaia) [nVentures](https://millionrounds.com/fund/nventures-2) [Supernova Invest](https://millionrounds.com/fund/supernova-invest)

## Everyone who backed them

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **2** rounds, led 1

[AVP](https://millionrounds.com/fund/avp-2) Investment firm **2** rounds, led 1

[EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) Government **2** rounds

[Breega](https://millionrounds.com/fund/breega) VC firm **2** rounds

[Future French Champions](https://millionrounds.com/fund/future-french-champions) Growth equity **1** round, led 1

[Elaia](https://millionrounds.com/fund/elaia) VC firm **1** round

[nVentures](https://millionrounds.com/fund/nventures-2) VC firm **1** round

[Supernova Invest](https://millionrounds.com/fund/supernova-invest) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=alice-and-bob).

## Also claim to have backed them

This firm lists Alice & Bob as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Open Field Capital](https://millionrounds.com/fund/open-field-capital) VC firm Per its own site

## Quick answers about Alice & Bob

### Who invested in Alice & Bob?

Alice & Bob's investors include Bpifrance, AVP, EIC Accelerator, Breega and Future French Champions, and 3 more on record.

### How much has Alice & Bob raised?

Alice & Bob has raised $104M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Alice & Bob last raise?

Alice & Bob's most recent round was a Venture in May 2026.

### What was Alice & Bob's biggest round?

Alice & Bob's largest round on record is $104M (Series B), in Jan 2025, led by Bpifrance.

### Who backed Alice & Bob first?

Alice & Bob's first round on record, in Jan 2025, was backed by Bpifrance, AVP and Future French Champions and 4 others.

### What stage is Alice & Bob at?

Alice & Bob's latest named round is a Venture, in May 2026.

### Where is Alice & Bob based?

Alice & Bob is based in France.

### Who led Alice & Bob's rounds?

Bpifrance led the Series B in 2025.

## Companies like Alice & Bob

In the same sector, and raised in the last eighteen months.

[**Elax Energy** $34M · Oct 2026](https://millionrounds.com/company/elax-energy)[**Inbolt** $29M · Oct 2026](https://millionrounds.com/company/inbolt)[**OPiO** $4.6M · Sept 2026](https://millionrounds.com/company/opio)[**ColibrITD** $4.7M · Aug 2026](https://millionrounds.com/company/colibritd)[**ENGO Eyewear** $5.8M · Jul 2026](https://millionrounds.com/company/engo-eyewear)[**Aria** $311M · Jul 2026](https://millionrounds.com/company/aria)

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