PASQAL

About

PASQAL provides quantum processors for use in complex computing challenges.

Massy,Ile-de-France,France
101 - 250

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: €25M
Industries: Computer,Information Technology,Quantum Computing
Founded date: Jan 1, 2019
Number Of Employee: 101 - 250
Operating Status: Active

PASQAL is developing a full-stack quantum computer that will be used to simulate complex phenomena for scientific discovery and to address general problems such as optimization, drug discovery, and machine learning. The company's quantum processing units are made up of hundreds of atomic qubits in 2D and 3D arrays, and their programming environment, to address our customers' needs in quantum computing and simulation.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

€127.49M

PASQAL has raised a total of €127.49M in funding over 2 rounds. Their latest funding was raised on Jan 24, 2023 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 24, 2023	Series B	€100M	7	Temasek Holdings	—	Detail
Mar 23, 2022	Grant	€2.49M	1	European Innovation Council	—	Detail
Jan 1, 2022	Corporate Round	—	1	—	—	Detail
Jun 8, 2021	Series A	€25M	6	Bpifrance Quantonation	—	Detail
Sep 15, 2020	Seed	—	1	TPY Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

10

PASQAL is funded by 10 investors. Temasek Holdings and TPY Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Temasek Holdings	Yes	Series B
TPY Capital	Yes	Seed
Bpifrance	—	Series B
Daphni	—	Series B
Eni Next	—	Series B
European Innovation Council	—	Series B
Quantonation	—	Series B
Saudi Aramco Entrepreneurship Ventures	—	Series B
Positron Ventures	—	Corporate Round
Runa Capital	—	Series A