Published in Europe

EIF Invests €30m in Quantum-focused Venture Fund

Jul 04, 2025 | Posted by Abdul-Rahman Oladimeji

The European Investment Fund (EIF) has invested €30 million ($35m) in Quantonation II, a French early-stage venture capital fund targeting quantum and ‘deep physics’ startups. This forms part of the wider InvestEU strategy that aims to close the equity gap faced by early-stage “innovative companies in underserved sectors.”

“Investing in Quantonation II allows us to support European companies at the forefront of quantum technology,” said Marjut Falkstedt, CEO of the EIF. “By backing this fund, we are reinforcing our commitment to strengthening Europe’s technological sovereignty and nurturing high-potential sectors that require specialized expertise.”

Olivier Tonneau, Partner at Quantonation, added: “We are proud to partner with the EIF in this new chapter for quantum innovation in Europe. Their €30 million investment into Quantonation II is a strong signal of trust and support for our mission to turn European scientific excellence into globally leading companies.”

There are 2636 data centers in Europe.

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