# Pasqal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pasqal

- Industry: Software
- Headquarters: Palaiseau, France
- Website: www.pasqal.com
- Total disclosed funding: $118M
- Latest round: Series B (Feb 13, 2023)
- Investors on record: 9

## About

Based in France, Pasqal  SAS develops quantum processors using neutral atoms arranged in 2D and 3D arrays. Its technology enables practical quantum computing solutions for industrial applications. Pasqal SAS, founded in 2019 in France, specializes in quantum computing solutions. CEO Georges-Olivier Reymond and co-founders Thierry Lahaye and Raphael De Thoury lead the company in its strategic initiatives. In March 2026, Pasqal SAS raised EUR 170 million in equity and venture debt funding. Pasqal's core offerings encompass innovative quantum computing technologies tailored to solve specific industry challenges. Their advanced product line focuses on enhancing operational efficiency, reducing costs, and optimizing resource use across various sectors. The company's solutions cater to a diverse clientele, including small to medium enterprises and larger corporations, and are marketed in key regions such as North America, Europe, and parts of Asia. In 2022, Pasqal generated revenue of EUR 609,827.10 and reported an EBITDA of EUR -15,134,629.20. The company's revenue model relies on a blend of subscription-based services and direct sales, maintaining ongoing contracts to ensure steady income streams. The company will use the March 2026 funding to enhance its development and infrastructure in France.

## Funding rounds

- Series B, Feb 13, 2023, $87M — Temasek Holdings, Bpifrance Investissement, Daphni, Saudi Aramco Entrepreneurship Ventures, Eni Next, European Innovation Council, Quantonation
- Series A, May 12, 2021, $30M — Runa Capital, Bpifrance, Daphni, Eni Next, European Innovation Council, Quantonation

## Investors

- Runa Capital (https://capitalatlas.ai/funds/runa-capital) — Series A
- Bpifrance — Series A
- Daphni (https://capitalatlas.ai/funds/daphni) — Series A, Series B
- Eni Next (https://capitalatlas.ai/funds/eni-next) — Series A, Series B
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A, Series B
- Quantonation (https://capitalatlas.ai/funds/quantonation) — Series A, Series B
- Temasek Holdings — Series B
- Bpifrance Investissement (https://capitalatlas.ai/funds/bpifrance-investissement) — Series B
- Saudi Aramco Entrepreneurship Ventures (https://capitalatlas.ai/funds/saudi-aramco-entrepreneurship-ventures) — Series B