Quantonation Ventures
Quantonation is a Paris-based venture capital firm founded in 2018 as the world's first fund dedicated to quantum technologies and deep physics. It invests globally from pre-seed to Series A across quantum computing, sensing, communications, photonics and advanced materials via its Quantonation I (EUR 91m) and Quantonation II (EUR 220m) funds.
Quantonation Ventures is a Paris venture capital firm with €311M AUM, 39 active companies and 2 exits.
- ·Top sector focus: Deep Tech (73% of portfolio).
- ·Fund cadence: ~5Y between vintages · last raise 2024.
Sector breakdown
41 companiesGeography breakdown
11 geographiesKey facts
Recent exits
Quantonation Ventures took LightOn public in 2024 after 6 years.
Quantonation Ventures sold Quantum Benchmark to Keysight Technologies in 2021 after 3 years.
Coverage notes
2 funds tracked, 41 portfolio companies (39 active · 2 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Quantonation Ventures has raised, with its portfolio companies. Hand-checked from public filings.
Quantonation IIVC2024€220M17 assetsVC2024 · 2yr€220M17–
Unrealized
17 held| Company | Entry |
|---|---|
| Chiral Deep Tech · Switzerland | 2026 |
| Diraq Deep Tech · Australia | 2024 |
| EuQlid Deep Tech · US | 2025 |
| p11-white Industrials · France | 2025 |
| PINC Technologies Deep Tech · US | 2025 |
| Pioniq Technologies ClimateTech · France | 2024 |
| PrediQT Deep Tech · Belgium | 2025 |
| Project Eleven Cybersecurity · US | 2025 |
| Qblox Deep Tech · Netherlands | 2024 |
| Quantum Signals Fintech · France | 2024 |
| Resolve Stroke MedTech · France | 2023 |
| SBQuantum Deep Tech · Canada | 2026 |
| SteerLight Deep Tech · France | 2024 |
| Tau Systems Deep Tech · US | 2025 |
| Vertical Compute Deep Tech · Belgium | 2026 |
| Yaqumo Deep Tech · Japan | 2026 |
| ZuriQ Deep Tech · Switzerland | 2026 |
Quantonation IHarvestingVC2019€91M22 assets2 exitsVC2019 · 7yr€91M222
Unrealized
22 held| Company | Entry |
|---|---|
| CryptoNext Security Cybersecurity · France | 2020 |
| evolutionQ Cybersecurity · Canada | 2022 |
| HQS Quantum Simulations Deep Tech · Germany | 2022 |
| InSpek Deep Tech · France | 2021 |
| KETS Quantum Security Cybersecurity · UK | 2018 |
| Kipu Quantum Deep Tech · Germany | 2022 |
| MemQ Deep Tech · US | 2023 |
| Multiverse Computing Deep Tech · Spain | 2020 |
| Nord Quantique Deep Tech · Canada | 2022 |
| ORCA Computing Deep Tech · UK | 2020 |
| Pasqal Deep Tech · France | 2021 |
| Pixel Photonics Deep Tech · Germany | 2022 |
| QC Design Deep Tech · Germany | 2022 |
| Qnami Deep Tech · Switzerland | 2019 |
| QphoX Deep Tech · Netherlands | 2021 |
| Quandela Deep Tech · France | 2020 |
| Qubit Pharmaceuticals Biotech · France | 2020 |
| Qunnect Deep Tech · US | 2022 |
| Quobly Deep Tech · France | 2023 |
| Sensorium Deep Tech · US | 2023 |
| VeriQloud Cybersecurity · France | 2023 |
| WelinQ Deep Tech · France | 2023 |
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| LightOn AI/ML · France | 2018 | 2024 | IPO | Axon Partners Group | – |
| Quantum Benchmark Deep Tech · Canada | 2018 | 2021 | Trade Sale | Keysight Technologies | – |
About Quantonation Ventures
QUANTONATION VENTURES is a French venture capital firm headquartered in Paris with capital deployed across 2 active fund vehicles. Founded in 2019, the firm deploys institutional capital across early-stage and selective growth-stage equity rounds in European technology companies, with sector focus spanning TMT, software, healthcare and business services.
Investment thesis
QUANTONATION VENTURES targets European and selectively global early-stage and growth-stage technology companies across TMT, software, healthcare and business services, deploying institutional venture capital across seed, Series A and Series B rounds. The firm emphasises hands-on operational support during the post-investment value-creation phase, leveraging founder and operator partners alongside institutional capital to support international expansion and category leadership across France and selectively across Europe. Average equity tickets vary by stage with reserve capital preserved for follow-on rounds across the platform.
Recent activity
Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 2 fund vehicles, 112 active portfolio companies and 0 realised exits across the strategy's history.
Frequently asked questions
- What investment strategy does Quantonation Ventures focus on?
- Quantonation Ventures focuses on VC strategies in the private equity space.
- How many portfolio companies does Quantonation Ventures have?
- Quantonation Ventures has 39 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.
- Where is Quantonation Ventures headquartered?
- Quantonation Ventures is headquartered in Paris, France.
- What is Quantonation Ventures's assets under management?
- Quantonation Ventures manages approximately €311M in assets under management.
- When was Quantonation Ventures founded?
- Quantonation Ventures was founded in 2018.
- What sectors does Quantonation Ventures invest in?
- Quantonation Ventures invests across TMT, Software, Industrials, Healthcare.
- What are Quantonation Ventures's recent exits?
- Recent realized exits by Quantonation Ventures include: LightOn (2024) to Axon Partners Group; Quantum Benchmark (2021) to Keysight Technologies.
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