{ "title": "Company brief: Quandela", "notice": "Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.", "generated": "2026-11-04", "rows_assembled": "2026-11-04", "company": { "id": "quandela", "name": "Quandela", "country": "FR", "sme_in_cordis": true, "brief": "/quantum-europe/investors/companies/quandela/brief", "cordis_organisations": [ "cordis-org:910878695" ], "technology_areas": [ "computing", "communication", "sensing", "enabling" ], "eu_projects": 13, "eu_contribution_received_eur": 4970566.2, "eic_projects": { "sme_instrument": 1, "pathfinder": 1, "accelerator_bf": 1 }, "patents": { "families": 8, "lower_bound": false, "looked_up": "2026-10-22" }, "publications": { "quantum_works": 142, "looked_up": "2026-10-20" }, "deployment_records": [ "lucy" ], "rounds": [ "quandela-2025-11-eic-step-selected", "quandela-2023-11-financing" ], "signals": [ "eu_grants", "eic_accelerator", "patents", "publications", "infrastructure", "rounds" ] }, "projects": [ { "id": "cordis:101130384", "acronym": "QUONDENSATE", "title": "QUantum reservoir cOmputing based on eNgineered DEfect NetworkS in trAnsition meTal dichalcogEnides", "url": "https://cordis.europa.eu/project/id/101130384", "start": "2024-04-01", "project_eu_contribution": 2675838.75, "currency": "EUR", "eic_scheme": "EIC Pathfinder" }, { "id": "cordis:190188855", "acronym": "sepoqc", "title": "Scalable Entangled-Photon based Optical Quantum Computers", "url": "https://cordis.europa.eu/project/id/190188855", "start": "2023-01-01", "project_eu_contribution": 2499000, "currency": "EUR", "eic_scheme": "EIC Accelerator, blended finance (grant plus an EIC Fund investment component)" }, { "id": "cordis:817021", "acronym": "EQUALITY", "title": "Efficient QUantum Light for TechnologY", "url": "https://cordis.europa.eu/project/id/817021", "start": "2018-05-01", "project_eu_contribution": 50000, "currency": "EUR", "eic_scheme": "SME Instrument or EIC pilot (Horizon 2020)" }, { "id": "cordis:101291189", "acronym": "P4Q", "title": "Photonics for Quantum Pilot Line", "url": "https://cordis.europa.eu/project/id/101291189", "start": "2026-04-01", "project_eu_contribution": 24927964.81, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101113983", "acronym": "Qu-Pilot", "title": "Experimental production capabilities for quantum technologies in Europe", "url": "https://cordis.europa.eu/project/id/101113983", "start": "2023-04-01", "project_eu_contribution": 18999992, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101113901", "acronym": "Qu-Test", "title": "Qu-Test", "url": "https://cordis.europa.eu/project/id/101113901", "start": "2023-04-01", "project_eu_contribution": 18912678.81, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101135288", "acronym": "EPIQUE", "title": "European Photonic Quantum Computer", "url": "https://cordis.europa.eu/project/id/101135288", "start": "2024-01-01", "project_eu_contribution": 10340741.5, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101297083", "acronym": "EuroQSS", "title": "Universal European Quantum Software Stack", "url": "https://cordis.europa.eu/project/id/101297083", "start": "2026-10-01", "project_eu_contribution": 4999077.5, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101312335", "acronym": "QuBriC", "title": "Bridging Quantum and Classical Error Correction for Scalable Fault-tolerant Quantum Computing", "url": "https://cordis.europa.eu/project/id/101312335", "start": "2026-10-01", "project_eu_contribution": 4656952.08, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101312868", "acronym": "PHOTONIQC", "title": "A Photonic Quantum Computer", "url": "https://cordis.europa.eu/project/id/101312868", "start": "2027-01-01", "project_eu_contribution": 4650022.8, "currency": "EUR", "eic_scheme": null } ], "cordis_retrieved": "2026-10-16", "rounds": [ { "id": "quandela-2025-11-eic-step-selected", "company": "Quandela", "company_id": "quandela", "date": "2025-11-19", "type": "Public equity investment (EIC STEP Scale Up)", "status": "Selected, subject to due diligence", "amount": null, "currency": null, "amount_as_announced": "undisclosed", "qualifier": null, "lead_investors": [], "investors": [ "European Innovation Council (EIC) and EIC Fund" ], "sources": [ { "url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en", "publisher": "European Innovation Council", "kind": "official", "retrieved": "2026-10-23", "locator": "List of the eight companies; EUR 171 million of equity combined, no per-company figure" } ], "included_in_later_figure_of": [], "public_investment_registry": [ "eic-step-quandela-2025" ], "note": "Proposed for an EIC Fund investment under EIC STEP Scale Up, subject to due diligence." }, { "id": "quandela-2023-11-financing", "company": "Quandela", "company_id": "quandela", "date": "2023-11-07", "type": "Equity round (no series named)", "status": "Closed", "amount": 50000000, "currency": "EUR", "amount_as_announced": "over €50 million from investors", "qualifier": "at_least", "lead_investors": [], "investors": [ "Serena", "Crédit Mutuel Innovation", "European Innovation Council (EIC) and EIC Fund", "Bpifrance", "OMNES Capital", "Quantonation" ], "sources": [ { "url": "https://www.quandela.com/newsroom-posts/quandela-secures-e50-million-to-support-international-expansion/", "publisher": "Quandela", "kind": "company", "retrieved": "2026-10-23", "locator": "Lead paragraph and dateline paragraph, Paris, 7 November 2023" } ], "included_in_later_figure_of": [], "public_investment_registry": [], "note": "The amount includes the French government (France 2030) and unnamed banking partners; no split is stated." } ], "lab_to_market": { "id": "quandela", "name": "Quandela", "country": "FR", "method": "reviewed_link", "pics": [ "910878695" ], "nid": 153, "families": [ "computing", "communication", "sensing", "enabling" ], "grants": 13, "first_grant": { "id": "cordis:817021", "acronym": "EQUALITY", "title": "Efficient QUantum Light for TechnologY", "start": "2018-05-01", "programme": "Horizon 2020", "scheme": "SME-1", "kind": "sme_instrument", "amount": 50000, "currency": "EUR", "measure": "EU contribution (maximum grant agreed)", "url": "https://cordis.europa.eu/project/id/817021", "nid": 835 }, "first_eic_early": { "id": "cordis:101130384", "acronym": "QUONDENSATE", "title": "QUantum reservoir cOmputing based on eNgineered DEfect NetworkS in trAnsition meTal dichalcogEnides", "start": "2024-04-01", "programme": "Horizon Europe", "scheme": "HORIZON-EIC", "kind": "eic_pathfinder", "amount": 2675838.75, "currency": "EUR", "measure": "EU contribution (maximum grant agreed)", "url": "https://cordis.europa.eu/project/id/101130384", "nid": 1307 }, "first_eic_accelerator": { "id": "cordis:190188855", "acronym": "sepoqc", "title": "Scalable Entangled-Photon based Optical Quantum Computers", "start": "2023-01-01", "programme": "Horizon Europe", "scheme": "HORIZON-EIC-ACC-BF", "kind": "eic_accelerator_bf", "amount": 2499000, "currency": "EUR", "measure": "EU contribution (maximum grant agreed)", "url": "https://cordis.europa.eu/project/id/190188855", "nid": 1697 }, "first_eic_fund": { "id": "quandela-2023-11-financing", "date": "2023-11-07", "type": "equity", "status": "closed", "amount": 50000000, "currency": "EUR", "amount_text": "over €50 million from investors", "qualifier": "at_least", "eic": true, "sources": [ { "url": "https://www.quandela.com/newsroom-posts/quandela-secures-e50-million-to-support-international-expansion/", "publisher": "Quandela", "kind": "company", "retrieved": "2026-10-23", "locator": "Lead paragraph and dateline paragraph, Paris, 7 November 2023" } ], "registry": [] }, "first_equity": { "id": "quandela-2023-11-financing", "date": "2023-11-07", "type": "equity", "status": "closed", "amount": 50000000, "currency": "EUR", "amount_text": "over €50 million from investors", "qualifier": "at_least", "eic": true, "sources": [ { "url": "https://www.quandela.com/newsroom-posts/quandela-secures-e50-million-to-support-international-expansion/", "publisher": "Quandela", "kind": "company", "retrieved": "2026-10-23", "locator": "Lead paragraph and dateline paragraph, Paris, 7 November 2023" } ], "registry": [] }, "first_private": { "id": "quandela-2023-11-financing", "date": "2023-11-07", "type": "equity", "status": "closed", "amount": 50000000, "currency": "EUR", "amount_text": "over €50 million from investors", "qualifier": "at_least", "eic": true, "sources": [ { "url": "https://www.quandela.com/newsroom-posts/quandela-secures-e50-million-to-support-international-expansion/", "publisher": "Quandela", "kind": "company", "retrieved": "2026-10-23", "locator": "Lead paragraph and dateline paragraph, Paris, 7 November 2023" } ], "registry": [] }, "registry": [ { "id": "eic-step-quandela-2025", "name": "Quandela selected for EIC STEP Scale Up investment", "stage": "selected", "date": "2025-11-19", "instrument": "Equity investment by the EIC Fund under the EIC STEP Scale Up scheme", "url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en", "source_title": "EIC: new scale up investments under EIC STEP Scale Up (19 November 2025)", "source_url": "https://eic.ec.europa.eu/news/new-scale-investments-under-eic-step-scale-scheme-2025-11-19_en" } ], "rounds": 2, "stages": { "grant": true, "eic_early": true, "eic_accelerator": true, "private_round": true }, "months": 66, "order": "grant_first", "median_eligible": false }, "gaps": [ "Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.", "National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.", "Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.", "Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources." ] }