London, United Kingdom and Paris, France, June 04 2025 -- Planet First Partners (PFP), the sustainable investment platform focused on scaling growth-stage companies with measurable environmental and societal impact, today announced an investment in Quantonation II, the second fund managed by Quantonation Ventures, the leading global venture capital platform dedicated to quantum technologies and deep physics. This new commitment builds on Planet First’s earlier investment in Quantonation I and reflects a deepening partnership around high-impact technological innovation.

“Quantonation is at the forefront of enabling scientific breakthroughs that matter,” said Nathan Medlock, Managing Partner at Planet First Partners. “We believe quantum will be essential to solving the complex systems-level problems we face in climate, health, and resource management. This partnership aligns with our vision of impact-driven growth investing.”

Christophe Jurczak, Managing Partner at Quantonation, added: “We are proud to continue our collaboration with Planet First Partners. Their commitment to long-term value and sustainability strengthens our ability to support quantum startups that aspire not only to lead their sectors, but also to positively shape the world.”

Founded in 2018, Quantonation is the world’s first early-stage venture fund exclusively focused on quantum technologies. The firm invests globally across the quantum stack, from hardwareto middleware and software, and supports startups from Pre-Seed/Seed to Series B. Quantonation’s portfolio includes pioneering companies such as Pasqal (neutral atom quantum computing), Qubit Pharmaceuticals (quantum physics for drug discovery and design), Multiverse Computing (quantum inspired compression algorithms for LLMs reducing energy consumption for model training),and Pioniq (quantum material for energy storage). Its rigorous scientific approach is anchored by a senior management team, Christophe Jurczak and Will Zeng, both of whom hold PhDs in quantum physics and is supported by Nobel Laureate Alain Aspect as an advisor, ensuring that investments are grounded in technical excellence and long-term relevance.

Driving Climate and Sustainability Through Quantum

Planet First Partners’investment underscores a shared belief that quantum technologies have the potential to unlock critical capabilities to address climate and sustainability challenges. Key application areas include:

• Decarbonization of Industry: green hydrogen production, energy grids optimization, and battery materials, accelerating decarbonization pathways.
• Clean Chemistry for new fertilizers and catalysts.
• Carbon Capture and Storage: Enhanced molecular modeling could lead to more efficient carbon sequestration techniques.
• Precision Agriculture and Logistics Optimisation: Quantum-enhanced sensing and complex optimisation computations could reduce resource

In November 2024, Quantonation Ventures further demonstrated its leadership in this field by organising the Alain Aspect Symposium on Climate and Quantum, convening global experts in physics, policy, and sustainability to explore how quantum innovation can be leveraged to fight climate change.

A Strategic Ecosystem Partnership

PFP’s investment in Quantonation II is also strategic in nature: it offers privileged access to frontier technologies at the earliest stages, complementing PFP’s later-stage growth strategy. The partnership supports a pipeline approach where innovations in deep science can scale into full-fledged industrial solutions under Planet First’s stewardship.