Pasqal Secures at Least €340 Million in New Financing Ahead of Planned Nasdaq and Euronext Listing

Pasqal, the Paris-based neutral-atom quantum computing company, completed a €170 million private funding round and secured a further committed convertible financing of about €170 million, bringing the total to at least €340 million. The financing is a first step toward a planned business combination with SPAC Bleichroeder Acquisition Corp. II and a dual listing on Nasdaq and Euronext. Investors include Quanta Computer, LG Electronics, CMA CGM, the European Innovation Council Fund, Temasek, Saudi Aramco Entrepreneurship Ventures, ISAI, and existing shareholder Bpifrance. Parkway Venture Capital participated in the round.

Read the full article: Pasqal's newsroom announcement of the €340 million financing