Audacia: first fund closing at 70 ME

(CercleFinance.com) - Audacia has announced a first closing of ?70 million for Quantonation II, Quantonation Ventures' second fund dedicated to quantum technologies.


Following the success of Quantonation I, which managed to raise ?91 million at its final closing, its successor Quantonation II aims to more than double in size to
?200 million.

' Since 2018, Quantonation Ventures has been supporting entrepreneurs in the deep tech sector, working to transform quantum science and innovative physics into systems and applications for communication, computing and sensors ' says management.

Charles Beigbeder, Chairman and CEO of Audacia said: ' We are delighted with this first Quantonation II closing of ?70 million, which is fully in line with our ambition to reach ?200 million for this second fund. '

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