# Quandela

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quandela

- Industry: Semiconductors
- Headquarters: France
- Website: www.quandela.com
- Total disclosed funding: $65M
- Latest round: Series A (Nov 7, 2023)
- Investors on record: 6

## About

Quandela is a French company that specializes in photonic quantum computing solutions, offering innovative products for quantum applications, including single-photon sources and programming frameworks.Founded in 2017 in France, Quandela focuses on developing advanced quantum computing technologies. The company, co-founded by Niccolo Somaschi and Valerian Giesz, has successfully raised EUR 50.000 mn in its Series A funding round, which closed on November 7, 2023, facilitated by investors like Bpifrance Investissement and Omnes Capital.Quandela provides advanced photonic quantum computing solutions, including its flagship product MosaiQ for universal photon manipulation, Perceval for quantum programming, and Prometheus for high-efficiency single-photon generation. Targeting industries such as pharmaceuticals and cybersecurity, Quandela operates in Europe, North America, and Asia, offering clients access through a cloud platform.In 2021, Quandela reported a revenue of EUR 520,931.30, with an EBITDA of EUR -1,122,464.70, reflecting its current stage of growth and investment in quantum technologies.Following its recent funding of EUR 50.000 mn in Series A, Quandela aims to accelerate the production of its quantum computers and expand globally. The company plans to introduce new products and enhance its presence in international markets, furthering its commitment to quantum innovation.

## Funding rounds

- Series A, Nov 7, 2023, $53M — Omnes Capital, Crédit Mutuel, Serena, Bpifrance Investissement, European Innovation Council, Quantonation
- Seed, Aug 9, 2022, $2.5M — Omnes Capital, Bpifrance Investissement, Quantonation
- Seed, Oct 28, 2021, $8.8M — Omnes Capital, Bpifrance Investissement, Quantonation

## Investors

- Omnes Capital (https://capitalatlas.ai/funds/omnes-capital) — Seed, Series A
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Seed, Series A
- Quantonation (https://capitalatlas.ai/funds/quantonation) — Seed, Series A
- Crédit Mutuel — Series A
- Serena (https://capitalatlas.ai/funds/serena) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A