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Pasqal

  • France
  • Private company
  • Palaiseau, France
  • EU projects: computing and simulation 5, communication 2, sensing 1 (some areas are keyword suggestions pending review)

Fact sheet

Type
Company ROR, retrieved 21 October 2026
Country and city
France CORDIS (portal record), retrieved 18 October 2026Palaiseau API Recherche d'entreprises (Sirene, RNE, INPI accounts), retrieved 22 October 2026
Founded
2019 Wikidata, retrieved 21 October 2026
Register status
Active API Recherche d'entreprises (Sirene, RNE, INPI accounts), retrieved 22 October 2026
Employees
200 to 249 employees (as of 2024) API Recherche d'entreprises (Sirene, RNE, INPI accounts), retrieved 22 October 2026
Revenue and capital
Revenue EUR 578,694 (as of 2022; turnover (chiffre d'affaires) of the published accounts) API Recherche d'entreprises (Sirene, RNE, INPI accounts), retrieved 22 October 2026
Public investment
Equity investment by the EIC Fund under the EIC STEP Scale Up scheme (as of 2025-04-03; Selected for an investment decision, subject to due diligence) European Innovation Council and the EIC Fund, retrieved 21 October 2026Investment by the EIC Fund in an equity funding round: EUR 100 million (as of 2023-03-09; Investment agreement signed) EIC Fund (European Innovation Council), with the European Investment Bank, retrieved 21 October 2026
Identifiers
LEI 894500OOKMCD6O880C20 (found by legal name and country) GLEIF, retrieved 20 October 2026ROR 00htggt94 ROR, retrieved 21 October 2026Wikidata Q90900655 Wikidata, retrieved 21 October 2026OpenCorporates fr/849441522 (company sources) Wikidata, retrieved 27 October 2026SIREN 849441522 (stated in Wikidata (P1616), the OpenCorporates ID in Wikidata) API Recherche d'entreprises (Sirene, RNE, INPI accounts), retrieved 22 October 2026
Patents
70 quantum patent families (applicant "PASQAL") EPO Open Patent Services, retrieved 22 October 2026
EU and national projects
12 projects in this catalogue CORDIS, Funding & Tenders Portal, national funders

Company register (OpenCorporates)

Not configured: the OpenCorporates source is not connected on this site, so no record is requested.

Each fact names its source and the date it was retrieved; dated figures also give the year or date the source states them for. Registers and Wikidata stay authoritative. Register entries, OpenCorporates records included, are read only for identifiers that Wikidata or GLEIF state for this organisation, never by name. Licences: Wikidata, ROR and GLEIF CC0 1.0; PRH (Finland) CC BY 4.0; Brønnøysund (Norway) NLOD 2.0; API Recherche d’entreprises (France) Licence Ouverte 2.0; ARES (Czechia) for information only; KRS (Poland) and the Register of Enterprises (Latvia) CC0 1.0; Centre of Registers (Lithuania) CC BY 4.0; OpenCorporates under the Open Database Licence (ODbL); EPO data under the Open Patent Services terms.

Organisation profile

One view of what the portal stores about this organisation, from open sources. Each block appears only when there is data and names its source and date; the registries and sources stay authoritative.

Company dossier: every public fact with its source, to print, save as PDF or download for Word

Identity

"Registered" is what the organisation reported to the Global LEI System; "stated" is what an open registry names. The two can differ.

Registered legal name
PASQAL (FR)
Registered direct parent
None reported: a reporting exception is registered
Registered ultimate parent
None reported: a reporting exception is registered

Sources: GLEIF Level 1 and Level 2 data (CC0), retrieved 20 October 2026.

Logo (top of the page): Pasqal, Public domain, via Wikimedia Commons.

Ownership

Recorded ownership changes

  • Acquired Aeponyx (CA), announced 2025-06-03, closing date not published. announced the acquisition of AEPONYX (percentage not stated in release). Pasqal, read 2026-10-26
  • Acquired My Cryo Firm (FR), summer 2022. acquired (percentage not stated). CFNEWS, read 2026-10-26
  • Acquired Qu&Co (NL), 2022 (a year before 27 January 2023, per the CFNEWS report). merger; combined company operates as Pasqal, headquartered in Paris. EE Times Europe, read 2026-10-26

Ownership changes in European quantum

Sources: the public record of ownership changes, sources checked 2026-10-26; profile stored 2 November 2026.

EU projects and funding

8 EU-funded quantum projects in CORDIS name this organisation as a participant (start years 2018 to 2026).

Net EU contribution to this organisation: EUR 7,001,029. The sum of its own net EU contribution in each of these projects, as CORDIS records it per participant.

For context: the whole projects together have an EU maximum contribution of EUR 134,465,733, shared among all their participants.

Projects by technology pillar

  • Quantum computing and simulation: 6
  • Quantum communication: 2

Follow the money: all awards by programme and country

Source: CORDIS (European Commission), snapshot retrieved 2026-10-16, reused under Commission Decision 2011/833/EU on the reuse of Commission documents; stored 2 November 2026.

Publications and preprints

OpenAlex lists 162 works for this institution (Pasqal (France)), 130 of them about quantum technologies.

Source: OpenAlex (CC0), retrieved 20 October 2026.

Funding rounds and lab-to-market journey

First EU-funded quantum project
2018-10-01: PASQuanS
First EIC Accelerator grant
2022-12-01: Qu&Co-Flow
Stages reached
EU-funded quantum project in CORDIS; EIC Accelerator grant, or the EIC Fund named as investor; Announced private funding round
Months from first project to first equity
51

Lab to market: all journeys

Source: lab-to-market journeys built from CORDIS and the curated funding rounds file, stored 2 November 2026.

Announced funding rounds

Rounds as announced in the cited sources, newest first; amounts as stated, never converted.
DateRoundStatusAmount as statedSource
2026-03-04convertiblecommittedcommitted convertible financing of approximatively EUR 170 million (USD200 million)Pasqal read 2026-10-23
2026-03-04equityclosedEUR 170 million private funding roundPasqal read 2026-10-23
2025-04-03public equityselectedundisclosedEuropean Innovation Council read 2026-10-23
2023-01-24series bclosed€100 million equity Series B raiseQuantonation read 2026-10-23

Source: the curated funding rounds file, compiled 2026-10-23; each round cites its own source.

Technology families and SRIA goals

Source: the shared quantum technology taxonomy of the portal, assignments confirmed by an editor; profile stored 2 November 2026.

Related goals of the draft SRIA 2026

12 goals of the draft SRIA 2026 concern these technologies; the first 6 are listed.

  • Milestone by 2030: 100 logical qubits with logical error rates around 10^-6 by 2030, matching the Commission objective of about 100 logical qubits by 2030. draft page 26
  • Goal by 2035: 1000 logical qubits with logical error rates around 10^-6 by 2035; the draft calls this the lower edge of broad utility rather than an end point. draft page 26
  • Goal 2035 goals: Neutral atoms: a fully fault-tolerant computer with more than 1000 logical qubits, a universal logical gate set, circuit depth above 10^12 and a logical clock rate above 1 kHz, integrated into European HPC and cloud. draft page 29
  • Goal ambition for 2035: Deliver verified quantum advantage through quantum simulation, maturing end-to-end materials-simulation workflows in which fermionic simulators work inside industrial modelling pipelines. draft page 28
  • Milestone mid-term (2027–2030): Beyond-classical performance and beyond-break-even error correction for all relevant platforms; consolidation at or above TRL 5; standardised interface definitions. draft page 42
  • Goal long-term (2030–2035): Quantum utility demonstrated, computers running in production mode and broad industrial uptake, moving from TRL 6 to TRL 8 with large pan-European co-development centres. draft page 42

Source: draft Strategic Research and Industry Agenda 2026 (Quantum Flagship, draft for consultation, 2026-09-19), checked 2026-10-24. Related by technology family only, not by anything this organisation said.

People in quantum at this organisation

Researchers whose latest quantum works name this organisation (OpenAlex). Professional information only. About this directory

Capabilities on public record

From the supplier directory: each capability with its strongest evidence. A contract, a documented product, a product line or software shows supply; an EU-funded project or a confirmed technology area shows research activity. Not an endorsement or a qualification.

  • Neutral atoms Procurement contract for a system
  • Software: sdk or programming framework Open-source software it develops
  • Software: simulator or emulator Open-source software it develops
  • Quantum computing and simulation (technology area) Technology area confirmed by an editor
  • Quantum simulation Technology area confirmed by an editor
  • Qubit hardware platforms Technology area confirmed by an editor
Sources in the supplier directory
Project partners and contact details are shown to signed-in members. The capabilities with public evidence are listed on this page and in the supplier directory.Sign in or request access

Funding and evidence

Publicly announced funding events with their sources, as reviewed by the portal editors. Grants, public contracts and investments are listed by type and never added up; amounts are as announced, in the stated currency. Not exhaustive; information only, not investment advice.

  1. 2026-03-04 · Venture or growth equity · equity · EUR 170 million private funding round

    Announced by a party; not independently confirmed

    Sources: Pasqal (Press release)

  2. 2026-03-04 · Other (listing, acquisition or unclassified) · convertible · committed convertible financing of approximatively EUR 170 million (USD200 million)

    Announced by a party; not independently confirmed

    Sources: Pasqal (Press release)

  3. 2025-04-03 · Other (listing, acquisition or unclassified) · public equity · Amount not disclosed

    Verified by independent sources

    Sources: European Innovation Council (EU funding record)

  4. 2023-01-24 · Venture or growth equity · series b · €100 million equity Series B raise

    Announced by a party; not independently confirmed

    Sources: Quantonation (Press release)

Sources last checked 2 Nov 2026. Last verified by an editor 29 Oct 2026.

Pasqal is listed in 8 project(s) in this CORDIS quantum-related snapshot, coordinating 2. Recorded net EU contribution across these projects: EUR 7,001,029. Coverage is limited to the imported dataset; participation is not a verified quantum technology capability.

Original source.

Source: CORDIS, Publications Office of the European Union (CORDIS). Retrieved 2026-10-16. Licence: European Commission reuse notice (Decision 2011/833/EU). Selected administrative metadata, adapted presentation. No endorsement by the source is implied. Organisation-level data only. Licence: European Commission reuse policy (Decision 2011/833/EU).

Source: cordis.europa.eu · checked 16 Oct 2026