Quantonation

Quantonation is a venture capital fund based in Paris, France, that focuses exclusively on investments in quantum and quantum-enabling technologies. It aims to support the development of innovative applications in areas such as computation, communications, simulation, and sensing. Established in 2021, Quantonation targets early-stage startups and typically invests between EUR 0.25 million and EUR 2 million per project. The fund seeks to make approximately 15 to 20 investments, primarily in North America, Asia, the Middle East, and Europe, fostering advancements in both hardware and software related to quantum technologies.

Jean-Gabriel Boinot-Tramoni

Principal

Olivier Tonneau

Co-Founder & Partner

24 past transactions

Pasqal

Series B in 2023
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

Welinq

Pre Seed Round in 2023
WeLinQ is a quantum computing solution interconnecting processors.

Kipu Quantum

Pre Seed Round in 2022
Kipu Quantum creates application-specific quantum computing solutions for immediate industrial use. It operates at the intersection of the software layer, hardware platforms, and customer use cases. Kipu Quantum creates quantum computing platforms that meet customer needs by solving real-world problems in a variety of business domains. Kipu's quantum algorithm implementations are based on novel technological paradigms that include hardware-software co-designs, allowing clients to derive value from quantum computing years ahead of other approaches.

Qubit Pharmaceuticals

Seed Round in 2022
Qubit Pharmaceuticals, incorporated in 2020 and based in Paris, France, develops innovative technology aimed at enhancing pharmaceutical drug discovery. The company offers a drug discovery simulation platform that reduces the cost and duration of preclinical drug development. Utilizing proprietary force field models and molecular dynamics calculations, Qubit's platform conducts virtual screening and visualization to identify promising drug candidates. This approach leverages quantum physics to support biopharmaceutical companies in accelerating their research and development efforts.

ORCA Computing

Series A in 2022
ORCA Computing is building the first scalable and flexible quantum computer powered by photonics. They build a photonic Quantum computer, based on quantum memories. ORCA'a technology allows storage and synchronization of quantum operations, leading to improved performances.

KETS

Venture Round in 2022
KETS Quantum Security Ltd, founded in 2016 and based in Bristol, United Kingdom, specializes in creating solutions for secure communications using quantum technologies. The company develops a range of cost-effective, future-proof technologies, including quantum key distribution (QKD) and quantum random number generation (QRNG). Its quantum chip facilitates reliable and secure communication encryption systems, utilizing optical microchips in compact and integrated packages. These innovations enable clients to achieve enhanced digital encryption and secure data communication in a low-power format, addressing the growing need for robust security solutions in the digital landscape.

HQS Quantum Simulations

Seed Round in 2022
HQS Quantum Simulations GmbH, founded in 2017 and located in Karlsruhe, Germany, focuses on developing quantum algorithms to predict molecular properties for industries such as performance materials, specialty chemicals, and pharmaceuticals. The traditional development of these products involves a lengthy and costly process, requiring numerous synthesis, formulation, and testing steps to achieve desired specifications. While simulations can significantly reduce time-to-market and R&D costs, they often fall short in efficiency or capability for complex problems. By leveraging quantum computing, HQS Quantum Simulations aims to enhance the predictive power of simulations, thereby addressing current limitations in the chemical and pharmaceutical sectors.

Quandela

Venture Round in 2021
Quandela SAS manufactures photonic cubic and semiconductor chips for quantum computing. Its product E-delight is a solid state source of single and highly indistinguishable photons for quantum applications. Quandela SAS was incorporated in 2017 and is based in Palaiseau, France.

Multiverse Computing

Seed Round in 2021
Multiverse Computing SL develops software for the finance industry. It develops software for solving financial and macro-economic problems. The company was incorporated in 2019 and is based in San Sebastian, Spain with an additional office in Toronto, Canada.

Qu & Co

Venture Round in 2021
Qu&Co is a quantum-computational software developer. Our postdoc level quantum-developers work closely together with our clients and academic advisors to develop novel quantum-algorithms and turn those into quantum-software.

Pasqal

Series A in 2021
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

KETS

Series A in 2021
KETS Quantum Security Ltd, founded in 2016 and based in Bristol, United Kingdom, specializes in creating solutions for secure communications using quantum technologies. The company develops a range of cost-effective, future-proof technologies, including quantum key distribution (QKD) and quantum random number generation (QRNG). Its quantum chip facilitates reliable and secure communication encryption systems, utilizing optical microchips in compact and integrated packages. These innovations enable clients to achieve enhanced digital encryption and secure data communication in a low-power format, addressing the growing need for robust security solutions in the digital landscape.

Qnami

Series A in 2021
Qnami AG manufactures non-invasive sensors. Its products include ProteusQ, non-invasive magnetic imaging microscope; and Quantum Diamond, which includes Quantilevers MX, diamond probes containing a single NV for high resolution magnetic imaging, and NV diamond membranes, ready-to-use diamond with NV centers. Its applications are multiferroic antiferromagnet, antiferromagnetic ram, microwave imaging, magnetic nanomemories, and superconductivity. Qnami AG was founded in 2017 and is based in Basel, Switzerland.

QphoX

Seed Round in 2021
QphoX builds quantum modem device, connecting quantum computers across a quantum network.

ORCA Computing

Pre Seed Round in 2020
ORCA Computing is building the first scalable and flexible quantum computer powered by photonics. They build a photonic Quantum computer, based on quantum memories. ORCA'a technology allows storage and synchronization of quantum operations, leading to improved performances.

Multiverse Computing

Pre Seed Round in 2020
Multiverse Computing SL develops software for the finance industry. It develops software for solving financial and macro-economic problems. The company was incorporated in 2019 and is based in San Sebastian, Spain with an additional office in Toronto, Canada.

Qunnect

Seed Round in 2020
Qunnect, LLC is a technology company based in Stony Brook, New York, specializing in the development of light-based modular devices designed for transmitting, storing, and receiving encrypted information. Founded in 2017 as a spin-off from the Quantum Information Technology group at Stony Brook University, Qunnect focuses on creating advanced quantum devices that leverage principles of quantum physics to facilitate ultra-secure networks. These devices ensure that any observation of data is detected by the sender or recipient, enhancing cybersecurity. The company's offerings include solutions in quantum computing, quantum sensors, quantum cryptography, and quantum networks, among others. By engineering novel quantum memories and sources, Qunnect aims to revolutionize information networks and quantum computing, contributing to the evolution of cybersecurity into real-time threat detection systems.

Qnami

Seed Round in 2019
Qnami AG manufactures non-invasive sensors. Its products include ProteusQ, non-invasive magnetic imaging microscope; and Quantum Diamond, which includes Quantilevers MX, diamond probes containing a single NV for high resolution magnetic imaging, and NV diamond membranes, ready-to-use diamond with NV centers. Its applications are multiferroic antiferromagnet, antiferromagnetic ram, microwave imaging, magnetic nanomemories, and superconductivity. Qnami AG was founded in 2017 and is based in Basel, Switzerland.

Pasqal

Seed Round in 2019
Pasqal SAS, founded in 2019 and headquartered in Paris, France, specializes in the manufacture of quantum information processors utilizing atomic arrays. The company focuses on developing full-stack quantum computing technology that simulates complex phenomena to facilitate scientific discovery. Its innovative approach employs qubits made of neutral atoms organized in large two-dimensional and three-dimensional arrays, which enables analog computing. This technology addresses a variety of challenges, including optimization, drug discovery, and machine learning, empowering organizations to tackle complex problems across these fields.

LightOn

Seed Round in 2018
LightOn develops a light based technology required in large scale artificial intelligence computations. Their ambition is to significantly reduce the time and energy required to make sense of the world around us. LightOn is a spin-off of some of the best Universities in Paris.

KETS

Seed Round in 2018
KETS Quantum Security Ltd, founded in 2016 and based in Bristol, United Kingdom, specializes in creating solutions for secure communications using quantum technologies. The company develops a range of cost-effective, future-proof technologies, including quantum key distribution (QKD) and quantum random number generation (QRNG). Its quantum chip facilitates reliable and secure communication encryption systems, utilizing optical microchips in compact and integrated packages. These innovations enable clients to achieve enhanced digital encryption and secure data communication in a low-power format, addressing the growing need for robust security solutions in the digital landscape.

Quantum Benchmark

Seed Round in 2018
Quantum Benchmark Inc. develops software solutions aimed at enhancing the performance and reliability of quantum computing hardware. Founded in 2017 and based in Kitchener, Canada, the company specializes in error characterization, error mitigation, error correction, and performance validation. Its flagship offerings include True-Q Design, which optimizes hardware design and performance, and True-Q Validation, which certifies the performance of quantum hardware through third-party assessments. Quantum Benchmark's software suite is designed for both developers and users of quantum computers across various hardware architectures, positioning the company as a leader in this emerging technology sector. The team comprises top researchers and engineers in quantum computing, dedicated to enabling quantum systems to tackle real-world challenges.
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