Startup profile · funding coverage
Pasqal funding, valuation and investors
Public neutral-atom quantum-computing company supplying systems, cloud access and software.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Completed business combination; not a venture round
Approximately $360M cash available at closing; not identified as new-equity proceeds · August 27, 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
public
public · France
Overview
Pasqal builds neutral-atom quantum computers for installation at customer sites and access through the cloud. Its financing history includes a €100 million Series B led by Temasek in January 2023 and a completed business combination with Bleichroeder Acquisition Corp. II on August 27, 2026.
The closing release identified approximately $360 million of cash available at closing, which is not the same measure as new venture equity or net offering proceeds. The public-company ticker is PSQL. Its investment case depends on translating system deployments and customer work into repeatable commercial demand while advancing error-corrected computing. Company roadmap targets remain forecasts, not delivered capabilities.
Why Pasqal is interesting
Pasqal provides a direct comparison between venture-financed neutral-atom research and a public business delivering quantum systems.
Funding history (newest first)
Completed business combination; not a venture round
2026-08-27 Approximately $360M cash available at closing; not identified as new-equity proceedsSource: Read source · pasqal.com
Series B; date uses release dateline
2023-01-24 €100M- Temasek (lead)
- European Innovation Council Fund (participant)
- Wa'ed Ventures (participant)
- Bpifrance Large Venture (participant)
- Quantonation (participant)
- Defense Innovation Fund (participant)
- Daphni (participant)
- Eni Next (participant)
Source: Read source · pasqal.com
Investors in our directory
Funds linked from Pasqal's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
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QuEra Computing direct
Neutral-atom quantum systems, with a different financing and product history.
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Atom Computing direct
Neutral-atom system developer.
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Oratomic direct
Neutral-atom fault-tolerance development; funding size is not a technical ranking.
Industries
Market / IPO context
Ticker: PSQL (Nasdaq)
IPO status: public
IPO date: 2026-08-27
Note: Date is business-combination closing; the release scheduled trading for August 28. Approximately $360M cash at close is not company valuation or a verified net-proceeds figure.
Editorial / static context — not a live quote.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.