Quantonation’s double-sized second fund shows quantum still has believers
Quantum computing will not be replacing supercomputers in 2026, let alone reaching industrial scale. And yet, investor appetite for companies pursuing the elusive quantum advantage hasn’t dwindled — it has increased. Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 million, or approximately $260 million. That’s more than twice the size of its inaugural fund, and comes in addition to other signals that the quantum winter isn’t coming yet. While some warned that too much quantum hype and not enough tangible outcomes would eventually cause funding to collapse, the opposite has happened. Take the prediction that quantum will eventually crack modern encryption: that moment has no clear…
