# Nord Quantique

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nord-quantique

- Industry: Semiconductors
- Headquarters: Sherbrooke, Canada
- Website: www.nordquantique.com/
- Total disclosed funding: $18M
- Latest round: Grant (Oct 28, 2026)
- Investors on record: 5

## About

Based in Canada, and founded in 2020, Nord Quantique operates as a quantum computing technology company. The company was founded by Philippe St-Jean, Ph.D., and Julien Camirand Lemyre, Ph.D. who is also the CEO as a spinoff from the Institut Quantique. In May 2026, Nord Quantique raised USD 30 million in venture funding from Fidelity Investments, Panache Ventures, Presidio Ventures, Quantacet, BDC Capital, Quantonation, and Real Ventures.

Nord Quantique develops superconducting circuits and quantum processors that use bosonic codes (a larger encoding space that prevents noisy interactions) to reduce errors on each individual qubit and paves the way for more fault-tolerant quantum computing.

Nord Quantique generates and is expected to generate revenue through the development and commercialization of quantum computing hardware, quantum computing systems, and related intellectual property. Future revenue streams may include sales of fault-tolerant quantum computing platforms, government and defense-supported quantum computing programs, research collaborations, technology licensing, and commercial partnerships. The company also benefits from non-dilutive funding and milestone-based support from initiatives such as Canada's Quantum Champions Program and DARPA's Quantum Benchmarking Initiative.

Nord Quantique plans to use the funding to accelerate development of its fault-tolerant quantum computing platform and advance its commercialization roadmap toward 2030. The company is focused on scaling its bosonic quantum error-correction architecture, improving hardware efficiency, and developing practical utility-scale quantum systems. Future growth is also expected to be supported by continued government-backed quantum initiatives, potential advancement within DARPA’s Quantum Benchmarking Initiative, and broader adoption of quantum computing technologies across enterprise, research, and industrial applications.

## Funding rounds

- Grant, Oct 28, 2026, $10M — DARPA
- Seed, Feb 8, 2022, $7.5M — BDC Capital, Real Ventures, Quantonation
- Seed, Dec 16, 2020, $0.1M — Sustainable Development Technology Canada

## Investors

- Sustainable Development Technology Canada (https://capitalatlas.ai/funds/sustainable-development-technology-canada) — Seed
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Real Ventures — Seed
- Quantonation (https://capitalatlas.ai/funds/quantonation) — Seed
- DARPA — Grant