Where is Pasqal headquartered?

Pasqal is headquartered in Palaiseau, France. The company has a team of 101-500 people.

Pasqal operates in the AI Infrastructure sector. Pasqal is a French quantum computing company developing neutral-atom quantum processors for industrial optimization, simulation, and AI workloads. Building commercial-grade neutral-atom quantum processors that operate at room temperature (no cryogenics) and scale to 1000+ qubits, integrated with classical HPC and cloud environments for real-world industrial applications.

When was Pasqal founded?

Pasqal was founded in 2019. It is based in Palaiseau, France.

Who is the CEO of Pasqal?

Dr. Wasiq Bokhari is the CEO of Pasqal. The company was founded in 2019.

Where is Pasqal located?

Pasqal is headquartered in Palaiseau, France.

What funding stage is Pasqal at?

Pasqal is currently at the Pre-IPO stage.

How many employees does Pasqal have?

Pasqal has approximately 101-500 employees.

Pasqal

Category: AI Infrastructure

Pasqal is a French quantum computing company developing neutral-atom quantum processors for industrial optimization, simulation, and AI workloads. Pasqal was founded in 2019. The company is led by Dr. Wasiq Bokhari. Based in Palaiseau, France. Team size: 101-500. Total funding raised: $445.0M. Latest round: Venture Round. Key investors include Temasek, Quantonation, Bpifrance (Large Venture Fund & Defense Innovation Fund), European Innovation Council (EIC) Fund, Wa'ed Ventures (Aramco), Eni Next, Daphni, Runa Capital, Parkway, Quanta Computer, LG Electronics, CMA CGM.

Founded: 2019
Headquarters: Palaiseau, France
Team size: 101-500
Total funding: $445.0M

Value proposition

Building commercial-grade neutral-atom quantum processors that operate at room temperature (no cryogenics) and scale to 1000+ qubits, integrated with classical HPC and cloud environments for real-world industrial applications.

Products and solutions

Neutral-atom quantum processing units (QPU), Pasqal Cloud (QCaaS), Pasqal Software SDKs & middleware, On-premise quantum computer deployment, Hybrid quantum-classical solvers for optimization and simulation

Unique value

Only pure-play neutral-atom quantum computing company with 7+ quantum computers deployed globally, operating at room temperature with unique analog+digital capability, backed by Nobel Prize-winning research (Alain Aspect, 2022).

Target customer

Global Fortune 500 enterprises in energy, finance, automotive, aerospace, healthcare, logistics, and government sectors; HPC centers; research institutions

Industries served

Energy (Aramco, EDF, Eni), Finance (Crédit Agricole CIB), Automotive (BMW Group), Aerospace (Airbus, Thales), Healthcare (Johnson & Johnson), Logistics (CMA CGM), Advanced Materials (BASF), Electronics (LG Electronics), Government/Defense

Technology advantage

Neutral-atom architecture using Rydberg states for qubit interaction; room-temperature operation (no cryogenics); dual analog-digital quantum processing; demonstrated 1000+ qubit defect-free registers; scalable 2D and 3D atom arrays; full-stack integration with HPC and cloud (IBM, NVIDIA, Google Cloud, Microsoft Azure).

How they differentiate

Pasqal has deployed more quantum computers (7+) than any other pure-play neutral-atom company; operates at room temperature; offers both analog and digital quantum processing; has strong European sovereign backing and French government support; co-founded by Nobel laureate Alain Aspect; dual-listing strategy (Nasdaq + Euronext).

Main competitors

QuEra Computing (US, neutral-atom quantum), Atom Computing (US, neutral-atom quantum), planqc (Germany, neutral-atom quantum)

Key partnerships

IBM (IBM Quantum Network), NVIDIA (NVIDIA Inception), Google Cloud, Microsoft Azure, OVHcloud, Capgemini, Sumitomo Corp, CMA CGM, Aramco, BMW Group, Thales, LG Electronics

Notable customers

Aramco, BMW Group, Thales, CMA CGM, Sumitomo, LG Electronics, Crédit Agricole CIB, BASF, Airbus, Johnson & Johnson, Siemens, EDF

Major milestones

2019: Founded as spin-off from Institut d'Optique, 2021: €25M Series A, 2022: Co-founder Alain Aspect wins Nobel Prize in Physics, 2022: Merger with Qu&Co, 2023: €100M Series B led by Temasek, 2024: IBM collaboration for quantum-centric supercomputing, 2025: Deployed Saudi Arabia's first quantum computer with Aramco, 2026: Announced SPAC merger with Bleichroeder Acquisition Corp. II at $2B valuation, 2026: Secured €340M+ in new financing for public listing

Growth metrics

~100% revenue growth in 2025 (unaudited); ~$80M in booked and awarded business including grants; 7+ quantum computers deployed with 3 more in production; 25+ commercial customers; 275+ employees including 70+ PhDs

Market positioning

Global leader in neutral-atom quantum computing; one of the most well-funded quantum hardware companies in Europe; positioned as a pure-play neutral-atom public company via SPAC at $2B valuation.

Geographic focus

Global — HQ in France (Palaiseau); offices in Saudi Arabia (Riyadh), Canada (Sherbrooke), US (Boston), South Korea (Seoul)

Patents and IP

85+ patents (as stated on company website)

About Dr. Wasiq Bokhari

Ex-Amazon Senior Leadership; Ex-Google General Manager & Director of Strategic Initiatives; Founding team of Sidewalk Labs; Founded multiple VC-backed startups with successful exits; PhD in Physics from MIT

Latest news about Pasqal

🇫🇷 French quantum startup Pasqal announced a $2B SPAC listing after securing €340M+, Europe's largest quantum funding in 2026. Co-founded by Nobel laureate Alain Aspect, the company will double produc

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Official website: https://www.pasqal.com