Investment & Fund Management
The European Investment
Full Credential Description
The European Investment Fund (EIF) has made a significant investment of 30 million in Quantonation II, a French early-stage venture capital fund that specializes in quantum technology and deep physics. This investment is part of the EIF's strategy under the InvestEU framework, which aims to address the equity gap faced by innovative companies in underserved sectors during their early stages. The quantum technology sector, particularly in Europe, is still developing, with no established standards and a need for a global center of excellence.
Quantonation II is focused on building a diversified portfolio of approximately 25 high-potential companies and 5 venture studios worldwide, specifically targeting the deep-tech financing landscape. The fund aims to support the transition of groundbreaking scientific research in quantum mechanics and particle physics into commercially viable products, such as quantum sensors and computing technologies. These innovations have the potential to solve complex calculations and enable precise measurements in various fields, including healthcare and materials science.
The investment from EIF not only reinforces its commitment to enhancing Europes technological sovereignty but also provides crucial support to companies at the forefront of quantum technology. With a total fund size goal of 200 million, Quantonation II is uniquely positioned as the only venture capital fund with a dedicated team of quantum experts, which will offer invaluable assistance to its portfolio companies. This strategic partnership is expected to accelerate the growth of the quantum technology sector in Europe, turning scientific excellence into globally leading companies.