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Fund II Final Close
Quantonation II closes at €220 million with backing from Toshiba and other institutional LPs.
Portfolio Expansion
Key investments in companies like Pasqal and Nord Quantique demonstrate the firm's hardware focus.
Fund I Close
Quantonation closes its first flagship fund at €91 million.
Quantonation Founded
The firm is established as the first VC fund dedicated to quantum technologies.
French quantum computing leader Pasqal is reportedly in talks to raise €200 million, a move that would value the company at over €1 billion. This significant capital injection underscores the growing institutional appetite for neutral-atom quantum architectures as the industry shifts from experimental labs to commercial utility.
Paris-based Quantonation Ventures has finalized its second flagship fund at €220 million, marking one of Europe's largest dedicated vehicles for quantum computing and deep physics. The fund, backed by strategic partners including Toshiba, signals a shift from speculative research toward industrial-scale commercialization in the quantum sector.