Last mentioned: Feb 19, 2026
Fund II Final Close
Quantonation II closes at €220 million with backing from Toshiba and other institutional LPs.
Unicorn Pursuit
Reports emerge of a €200M round at a billion-euro plus valuation.
Portfolio Expansion
Key investments in companies like Pasqal and Nord Quantique demonstrate the firm's hardware focus.
Series B Round
Raised €100M led by Temasek to accelerate R&D.
Fund I Close
Quantonation closes its first flagship fund at €91 million.
Strategic Merger
Merged with Qu&Co to bolster quantum software and algorithm capabilities.
Company Founded
Pasqal established by Georges-Olivier Reymond and Alain Aspect.
Quantonation Founded
The firm is established as the first VC fund dedicated to quantum technologies.
French quantum computing leader Pasqal is reportedly in discussions to raise €200 million in a new funding round. The deal would value the company at over €1 billion, marking a pivotal moment for the European deep tech ecosystem and the commercialization of neutral atom technology.
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.