Pasqal is merging with SPAC Bleichroeder Acquisition Corp II in a deal that values Pasqal at a $2,000,000,000 pre-money valuation and could add more than $600,000,000 in proceeds. Deal expected to close in second half of 2026 with planned Nasdaq listing and a dual European listing on Euronext. Pasqal employs ~275 people and was co-founded by Nobel Prize winner Alain Aspect.
About Pasqal
French quantum computing company focused on neutral-atom quantum hardware and software for optimisation, simulation and other applications. Built on Nobel Prize research by co-founder Alain Aspect.
Paris, France
Read Company ProfileFrequently Asked Questions
What type of funding round did Pasqal raise?
Pasqal raised a ipo round.
How much did Pasqal raise in its ipo?
Pasqal raised $600,000,000 USD in its ipo.
What was Pasqal's valuation before the ipo?
Pasqal was valued at $2,000,000,000 USD before the ipo.
Who invested in Pasqal's ipo?
The investors in Pasqal's ipo are: Temasek, European Innovation Council (EIC) Fund, LG Electronics, Bleichroeder Acquisition Corp II.
How will Pasqal use the funds from its ipo?
Pasqal plans to use the funds for: commercial scaling, accelerate growth, scale operations, further R&D and development.