Tech Company Financing Transactions

Quandela Funding Round

On 11/10/2023, Quandela raised $54.3 million in Series B investment from Crédit Mutuel Innovation, European Innovation Council Fund and Serena.

Transaction Overview

Company Name
Announced On
11/10/2023
Transaction Type
Venture Equity
Amount
$54,270,000
Round
Series B
Proceeds Purpose
This funding will allow Quandela to expedite its international expansion and increase the production of its quantum computers to meet the needs of industrial clients.

Company Information

Company Status
Private & Independent
Industry
AdTech
Mailing Address
7 Rue Léonard de Vinci
Massy, 91300
FR
Phone
Undisclosed
Email Address
Overview
Quantum information processing is set to deliver exciting new possibilities in the computing space and Quandela is already at the forefront of this technological revolution. Harnessing the power of quantum mechanics to achieve a giant leap in processing power, we aim to solve today's hardest problems with the computational solutions of tomorrow. Quandela designs quantum computers. Our goal is to provide a European-based answer to the challenges facing industry and academia worldwide. Benefiting from years of fundamental science, we are a young team of award-winning physicists and accomplished engineers. The company was founded in 2017 by three experts, each of them having earned the reputation as a leader in their field.
Profile
Quandela LinkedIn Company Profile
Social Media
Quandela Company Twitter Account
Company News
Quandela News
Facebook
Quandela on Facebook
YouTube
Quandela on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Valerian Giesz
  Valerian Giesz LinkedIn Profile  Valerian Giesz Twitter Account  Valerian Giesz News  Valerian Giesz on Facebook
Chief Financial Officer
Georges Destriau
  Georges Destriau LinkedIn Profile  Georges Destriau Twitter Account  Georges Destriau News  Georges Destriau on Facebook
Chief Financial Officer
Niccolo Somaschi
  Niccolo Somaschi LinkedIn Profile  Niccolo Somaschi Twitter Account  Niccolo Somaschi News  Niccolo Somaschi on Facebook
Chief Scientific Officer
Pascale Senellart
  Pascale Senellart LinkedIn Profile  Pascale Senellart Twitter Account  Pascale Senellart News  Pascale Senellart on Facebook


 

 

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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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