Quantonation
Quantonation Ventures is fully consolidated by Audacia (45.18% of voting control at 31 Dec 2025, per Audacia's 2025 annual financial report); Audacia launched the Quantonation fund in 2018 and was its first investor Audacia
Also known as Quantonation Ventures, Quantonation Ventures SAS, Quantonation I, Quantonation II
Paris/Dallas early-stage VC for quantum and physics-based deep tech, founded 2018; pre-seed to Series A worldwide; Quantonation I €91M, Quantonation II closed at €220M (Feb 2026).
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2018
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
Focus
- STAGES
- Pre-SeedSeedSeries ASeries B
- ASSET MIX
- Venture capital
- GEOGRAPHY
- EuropeNorth AmericaAsia-Pacific
Overview
Quantonation is an early-stage venture capital firm, founded in 2018, investing globally in quantum technologies and other physics-based deep tech. It writes initial tickets from pre-seed to Series A and supports companies through Series B, from headquarters in Paris and Dallas. Its first fund closed at €91M (27 companies, including PASQAL, Nord Quantique and Multiverse Computing); Quantonation II closed above target at €220M in February 2026 with LPs including the EIF, Bpifrance's Fonds National d'Amorçage 2, Vertex Holdings, Novo Holdings, Grupo ACS and Toshiba. Its management company, Quantonation Ventures, is AMF-authorised and part of the Audacia group.
Investment thesis
Quantum computing, networking and sensing, plus physics-based deep tech in energy, transportation, materials and computing; initial checks from idea stage to Series A, investing across Europe, North America and Asia-Pacific. Quantonation II targets about 25 companies with larger initial checks.
PORTFOLIO (16)
- PASQALNOTABLEDeep Tech · listed on Nasdaq (August 2026)
- QuandelaNOTABLEDeep Tech
- Multiverse ComputingNOTABLESoftware & SaaS
- QSENSATODeep Tech · since 2026
- ZuriQDeep Tech
- YaqumoDeep Tech · since 2026
- SBQuantumDeep Tech · since 2026
- QuoblyDeep Tech
- DiraqDeep Tech
- QbloxDeep Tech
- ORCA ComputingDeep Tech
- Nord QuantiqueDeep Tech
- CryptoNext SecuritySoftware & SaaS
- Pioniq TechnologiesClimate & Energy
- SteerLightDeep Tech
- LightOnArtificial Intelligence · IPO on Euronext Growth Paris (November 2024)
People
Links
Frequently asked questions
Quantonation is a VC fund based in Paris, France, founded in 2018.
Yes. Quantonation invests its own capital in private companies.
Quantonation invests at Pre-Seed, Seed, Series A and Series B stages in Deep Tech, Artificial Intelligence, Software & SaaS and Climate & Energy.
Key people at Quantonation include Christophe Jurczak (Partner (co-founder)), Olivier Tonneau (Partner (founder)), Will Zeng (Partner) and Emily Meads (Principal).
Quantonation's investments include PASQAL, Quandela, Multiverse Computing, QSENSATO, ZuriQ, Yaqumo, SBQuantum and Quobly, among others.
The most recent publicly reported investment by Quantonation is QSENSATO (€1M SAFE), announced in Sep 2026.
Quantonation states that it accepts submissions through its official contact page.
Yes. Quantonation manages capital from outside investors.