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EIC selects QphoX, Quandela and Smart Photonics for EUR 171 million STEP Scale-Up

EIC selected eight firms, including Dutch quantum hardware maker QphoX, French photonic quantum computer maker Quandela and Dutch chipmaker Smart Photonics, for a combined EUR 171 million STEP Scale-Up equity investment.

Verified AI-drafted European Innovation Council news release, 19 November 2025

What it does not test. It does not confirm the EIC Fund's final investment decision or the exact sum allocated to each company.

How this item counts. This item is dated before the index starts on 1 January 2026, so it does not count in the European Sovereignty Index.

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. How the record is made

What the tags mean: VerifiedReportedAI-draftedAI-drafted, editor-readHuman-writtenWhat the tags mean

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