A Goodwin cross-border team including the Paris Private Investment Funds team and US Technology team advised Quantonation Ventures, the world’s leading venture firm for quantum- and physics-based technologies, in the €220 million fundraising of Quantonation II.
Founded in 2018 by Charles Beigbeder, Christophe Jurczak, and Olivier Tonneau, Quantonation now manages approximately €325 million in assets, confirming its leading position as the largest dedicated quantum investment firm globally.
The first fund, Quantonation I (€91 million), backed 27 companies across more than 10 countries, including several category leaders now reaching maturity (PASQAL, Nord Quantique, and Multiverse Computing), thereby helping structure and strengthen the credibility of the quantum ecosystem among international investors.
The success of Quantonation II, which brings together the main investors from the first fund and has attracted new backers, notably from North America and Asia, illustrates the global momentum of this investment theme. It also reflects the emergence of a robust ecosystem capable of mobilizing significant capital to transform breakthrough innovations into industrial solutions.
Quantonation II has already invested in 12 companies and expects to build a portfolio of approximately 25. The larger fund will enable Quantonation to write larger initial checks, support companies longer through scale-up, and invest across a broader range of physics-based technologies where progress compounds through engineering and infrastructure rather than speed alone.
The Goodwin team included Sarah Michel, Maxime Hemled, and Olivia Doble on investment fund aspects, Charles Henri de Gouvion Saint Cyr, Paul Fournière, Ian O’Donnell, and Steven Robles.