Quandela and the EIC Accelerator: Photonic Quantum Machines Sold

30 September 2026958 words5 min

Quandela, founded in 2017 in Massy as a spin-off of France's CNRS and its C2N nanoscience centre, builds quantum computers whose qubits are single photons produced by semiconductor quantum dots. Its EIC project set out to make these photon sources brighter and more reproducible, build faster optical modules to "increase the number of quantum bits to several dozen", develop software and prepare sales, according to the final report on CORDIS.

The European Innovation Council granted €2,499,000 towards a €3.57 million project from January 2023 to December 2024, as shown on CORDIS. The report says Quandela doubled the brightness of its fibre-coupled sources from 9% to 18%, built two prototype systems for routing photons and installed a photonic quantum computer in an industrial data centre. In November 2023 the EIC Fund joined a round of more than €50 million. Quandela says it has since sold computers to OVHcloud, Exaion and Europe's EuroHPC programme. Its current machines have 12 qubits, and its revenue since 2021 is not public.

€2.50MEIC grant, 70% of a €3.57M project
9% → 18%Fibre brightness of its photon sources
€50M+Series B, November 2023, with the EIC Fund
12 qubitsLargest machine delivered; "several dozen" targeted

Company file

Legal entity
Quandela SAS, SIREN 830 721 098, Massy
Founded
June 2017
Co-founders
Pascale Senellart, Niccolo Somaschi (President), Valérian Giesz (Managing Director)
Staff
50 to 99 (2022 register data)
Investors
Bpifrance, OMNES Capital, Quantonation, Serena, Crédit Mutuel Innovation, EIC Fund
EIC project
SEPOQC, 1 Jan 2023 to 31 Dec 2024
EIC funding
Blended finance: grant plus EIC Fund equity

Where Quandela Stands Now

In 2025 Quandela launched Belenos, a 12-qubit machine it says has 4,000 times the computing power of its 2022 generation and is used by more than 1,200 cloud users in 30 countries. It delivered Lucy, a 12-qubit computer, to the CEA's TGCC supercomputing centre for EuroHPC, which will be coupled to the Joliot-Curie supercomputer, according to The Quantum Insider. In 2026 OVHcloud added Belenos to its quantum platform and Quandela signed a simulation project with Safran, according to its May 2026 press kit.

The record

From lab spin-off to supplier of Europe's quantum centres

Quandela sold photonic quantum computers to OVHcloud, Exaion and EuroHPC, and raised €50M with the EIC Fund. Its 2025 logical qubit milestone has not been announced as achieved.

  1. Jun 2017Company foundedCNRS and C2N spin-off, Massy
  2. 2022Ascella on the cloud6-qubit photonic computer; Perceval software
  3. Jun 2022EIC Accelerator cut-offScalable entangled-photon quantum computersblended finance
  4. Jan 2023EIC project starts€3.57M project€2.50M grant
  5. Nov 2023Series B; first saleEIC Fund joins; computer delivered to OVHcloud€50M+
  6. Oct 2024RoadmapFirst logical qubits promised for 2025
  7. Dec 2024EIC project endsSource brightness doubled; demultiplexer prototypes
  8. 2025Belenos and Lucy12-qubit systems; Lucy delivered to CEA for EuroHPC

Quandela, CORDIS and The Quantum Insider.

"To our knowledge, this is the first demonstration of installation of a photonic quantum computer in an industrial datacenter."

Quandela, final report to the EIC

The Technology: Qubits Made of Light

Quandela's photon sources reached 18% brightness at the end of a fibre while keeping indistinguishability above 95% and purity above 98%, the report says. One demultiplexer prototype split a beam into eight outputs; another routed two pulses within 20 nanoseconds at 98.5% efficiency. Its Ascella cloud computer ran with more than 90% availability. In its October 2024 roadmap Quandela promised the first logical, error-corrected qubits in 2025 and fault-tolerant computing by 2030. Its May 2026 press kit lists no logical qubit demonstration.

The EIC project

Single-photon source brightness doubled

Share of photons delivered at the end of a single-mode fibre, with indistinguishability above 95% and purity above 98%.

CORDIS project 190188855, final report.

What the EIC Project Promised, and What CORDIS Shows

The EIC project

The EU paid 70% of a €3.6M project

SEPOQC ran from January 2023 to December 2024. CORDIS still lists it as signed.

CORDIS project 190188855. Values in € millions.

The source and routing improvements, the software work and the first commercial installation were delivered. The aim of several dozen qubits was not reached within the project or since: Quandela's newest delivered machines have 12. CORDIS still lists the project as signed.

  1. Brighter photon sourcesDelivered9% to 18%.
  2. Fast optical routingPrototypesTwo demultiplexers.
  3. CommercialisationDeliveredOVHcloud, Exaion, EuroHPC.
  4. Several dozen qubitsNot reached12 qubits.

The Money

Quandela's last detailed public accounts are for 2021: revenue of €440,000 and a net loss of €493,000, according to Pappers. Its 2022 accounts were filed with a confidentiality declaration and its 2024 accounts in simplified form, according to the official gazette BODACC, so its revenue from selling computers is not public. The Series B also included France 2030 support through the Première Usine programme for its Massy factory.

The machines

Photonic qubits per Quandela computer

The EIC project aimed to increase the number of qubits to "several dozen".

Quandela press kit, May 2026.

What Cannot Be Checked

Questions for the EIC

How much the EIC Fund invested, what Quandela earns from its computers, what EuroHPC paid for Lucy and whether the 2025 logical qubit milestone was met are not public.

Why Europe Should Care

Quandela's Lucy was assembled in the EU with 80% European components and is now part of Europe's public supercomputing infrastructure. The EU has backed Quandela as a grant maker, an investor and a customer, which makes independent evidence of its commercial progress more important, not less.

What the project promised

Brighter photon sources, faster optics, several dozen qubits and a path to commercial sales.

What the record shows

Doubled source brightness, machines sold to OVHcloud and EuroHPC, 12 qubits and no public revenue since 2021.

The Verdict

Selling machines, still small ones

Quandela turned its EIC project into computers that paying customers installed. The qubit count it aimed for has not arrived, and without public accounts its commercial scale cannot be measured.

Quandela and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

Digital and computingQuantum technology

Focus
  • Quantum computers
Technologies
  • Quantum photonics
  • Quantum dots
  • Semiconductor nanofabrication
Keywords
  • Photonic quantum computing
  • Quantum cloud services
  • EuroHPC
  • Single-photon sources