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EIF Invests €30 Million in Quantum Technology Fund

7/2/2025

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Story summary
  • The European Investment Fund (EIF) has invested €30 million ($35.1 million USD) in Quantonation II, a French venture capital fund focused on quantum technology.
  • This investment addresses equity gaps in early-stage deep-tech financing through the InvestEU framework.
  • Quantonation II aims for a total fund size of €200 million ($234.26 million USD) to support 25 global companies.
  • The fund has already invested in 9 quantum technology ventures, boosting Europe’s technological sovereignty and competitiveness.