Pasqal raises €100M Series B led by Temasek

Pasqal

Pasqal raised a €100 million Series B led by Temasek, with the European Innovation Council Fund, Wa'ed Ventures and Bpifrance joining. The French neutral-atom company planned to accelerate development toward 1,000-qubit machines, increase on-premise production, expand algorithm development across sectors, and double its 100-person workforce.

• €100M Series B led by Temasek; new investors include EIC Fund, Wa'ed, Bpifrance; existing investors continued.
• Funding supports 1,000-qubit quantum computer acceleration and on-premise system production.
• Expansion of proprietary algorithms for energy, chemistry, automotive, finance sectors.
• Workforce doubling from 100 to 200 planned; new offices in Middle East and Asia.