Series B · Hardware
Pasqal raises €100 million Series B led by Temasek
The equity financing supports development and production of Pasqal’s neutral-atom quantum computers and international expansion.
Pasqal has secured €100 million in Series B equity funding led by Temasek. New investors EIC Fund, Wa’ed Ventures and Bpifrance Large Venture joined existing backers Quantonation, Fonds Innovation Défense, Daphni and Eni Next.
The company plans to accelerate research, increase quantum-system production and develop proprietary algorithms for industry customers. It also intends to expand its international operations, including new offices in the Middle East and Asia.
Use of funds
Develop neutral-atom quantum processors
Expand system production and proprietary algorithms
Grow international operations
Funding history
Series B · This round€100M