PASQAL

Paris, France Founded: 2016 • Age: 10 yrs
Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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About PASQAL

PASQAL is a company based in Paris (France) founded in 2016 by Benno Broer and Georges Olivier Reymond.. PASQAL has raised $139.23 million across 5 funding rounds from investors including Eni Next, Temasek and Bpifrance. PASQAL has completed 1 acquisition, including Aeponyx. PASQAL offers products and services including Quantum Hardware and Quantum Cloud. PASQAL operates in a competitive market with competitors including PhaseCraft, Infleqtion, Lightelligence, Quantum Computing and HQS Quantum Simulations, among others.

  • Headquarter Paris, France
  • Founders Benno Broer, Georges Olivier Reymond
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $139.23 M (USD)

    in 5 rounds

  • Latest Funding Round
  • Investors
    Eni Next

    & 10 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of PASQAL

PASQAL offers a comprehensive portfolio of products and services, including Quantum Hardware and Quantum Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides quantum computers using neutral atoms technology.

Enables remote access to quantum computing resources for problem-solving.

Funding Insights of PASQAL

PASQAL has successfully raised a total of $139.23M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 5
  • Last Round
  • First Round

    (01 Apr 2021)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Series B - PASQAL Valuation

investors

Jan, 2023 Amount Series B - PASQAL Valuation Temasek
Oct, 2022 Amount Grant - PASQAL Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in PASQAL

PASQAL has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Eni Next, Temasek and Bpifrance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
An investment platform is provided for diverse sectors and geographies.
Founded Year Domain Location
-
Founded Year Domain Location
Quantonation is recognized as a venture capital fund focused on quantum and physics-based technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by PASQAL

PASQAL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aeponyx. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Silicon-based photonic transceivers are manufactured using MEMS and photonics.
2011
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - PASQAL

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pasqal Comparisons

Employees
+
Add Comparison
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Competitors of PASQAL

PASQAL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhaseCraft, Infleqtion, Lightelligence, Quantum Computing and HQS Quantum Simulations, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Quantum simulation systems are provided for materials and chemical reactions.
domain founded_year HQ Location
Quantum computing products and solutions are provided.
domain founded_year HQ Location
Optical chips and software solutions for AI computing are developed.
domain founded_year HQ Location
Application software for quantum computing and machine learning is developed.
domain founded_year HQ Location
Quantum simulation software for chemical and pharmaceutical sectors is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pasqal

Frequently Asked Questions about PASQAL

When was PASQAL founded?

PASQAL was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is PASQAL located?

PASQAL is headquartered in Paris, France.

Who is the current CEO of PASQAL?

Loic Henriet is the current CEO of PASQAL.

Is PASQAL a funded company?

PASQAL is a funded company, having raised a total of $139.23M across 5 funding rounds to date. The company's 1st funding round was a Grant of $590.57K, raised on Apr 01, 2021.

What does PASQAL do?

Developer of neutral atom quantum computers, offering hardware, cloud access, and software. It builds quantum computers, transforming scientific breakthroughs into business solutions. The company provides quantum computing resources accessible through the cloud. It serves various industries, including aerospace and defense, banking and finance, energy, government, manufacturing, pharmaceuticals, and transportation.

Who are the top competitors of PASQAL?

PASQAL's top competitors include Infleqtion, HQS Quantum Simulations and Quantum Computing.

What products or services does PASQAL offer?

PASQAL offers Quantum Hardware and Quantum Cloud.

How many acquisitions has PASQAL made?

PASQAL has made 1 acquisition, including Aeponyx.

Who are PASQAL's investors?

PASQAL has 11 investors. Key investors include Eni Next, Temasek, Bpifrance, European Union, and Wa'ed Ventures.

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