Ep. 3 · Feb 23, 2026 · 37 min
Inside a $260M quantum fund: investing in quantum early
Fresh off closing more than $260M for Fund II, Olivier Tonneau of Quantonation explains what it takes to build and back a global quantum ecosystem, from investing in 2018 when quantum was niche to the business models already working today.
In this episode
- What closing a $260M+ Fund II signals for the quantum and deep-tech landscape
- Why Quantonation moved early, in 2018, while others hesitated
- Which types of quantum companies are scaling fastest, and which business models already work
- The triangle between governments, venture capital and startups
- Why Quantonation builds companies through venture studios across several countries
- Which industries quantum will disrupt first over the next five years
Questions answered in this episode
When did Quantonation start investing in quantum?
In 2018, when quantum investing was still considered niche and risky.
The transcript for this episode is not available yet.
