What is Quandela?
Founded in 2017, Quandela has established itself as a critical player in the quantum ecosystem, most notably as the creator of Prometheus, the world’s first photonic qubit generator. The company specializes in hardware that serves as the backbone for quantum cryptography, advanced computation, and ultra-precise sensing applications. By focusing on photonic quantum computing, Quandela addresses the fundamental challenges of scalability and error correction that have historically hindered the industry. Headquartered in Paris, the company operates at the intersection of physics and enterprise-grade computing, providing the essential infrastructure required for the next generation of secure communications and high-performance data processing. Its market position is defined by its ability to bridge the gap between theoretical quantum mechanics and practical, commercially viable hardware solutions.
How much funding has Quandela raised?
Quandela has raised a total of $70.4M across 2 funding rounds:
Other Financing Round
$17M
Series B
$53.4M
Other Financing Round (2021): $17M with participation from Bpifrance
Series B (2023): $53.4M led by Omnes Capital, Quantonation, and Bpifrance
Key Investors in Quandela
Omnes Capital
Omnes Capital is a leading European private equity firm focused on the energy transition, empowering entrepreneurs to tackle societal challenges and drive future growth.
Quantonation
Quantonation is an early stage venture capital fund investing globally in novel technologies based on advances in physics and computing.
Bpifrance
Bpifrance finances companies at each stage of their development with credit, guarantees, and equity, supporting innovation projects and international expansion.
What's next for Quandela?
Looking ahead, the strategic deployment of this capital will likely focus on scaling the production of its photonic qubit generators and expanding its global footprint. As the quantum industry matures, Quandela is expected to prioritize the integration of its hardware into existing high-performance computing environments, thereby facilitating the adoption of quantum-ready applications across sectors such as drug discovery, materials science, and cybersecurity. The company's growth trajectory suggests a move toward deeper industrial partnerships and the refinement of its quantum-as-a-service offerings. By maintaining its focus on deeptech innovation, Quandela is well-equipped to navigate the complexities of the quantum market, ensuring that its technological advancements translate into tangible economic value for its stakeholders and the broader scientific community.
See full Quandela company page
