P
Pasqal
Neutral-atom quantum processors for computation and simulation.
Neutral AtomSeries C Pre-IPOIPO Q4 2026Massy · Founded 2019
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#1 of Neutral Atom
What they do
Pasqal builds neutral-atom quantum processors, using arrays of atoms held by optical tweezers and addressed with lasers to run analog and digital quantum computations. Neutral-atom systems offer large qubit counts and flexible geometries, and are well suited to certain optimization and simulation problems.
Headquartered in France, Pasqal is one of Europe's flagship quantum companies and deploys systems on-premises with high-performance-computing centres as well as via the cloud.
Strengths & weaknesses
Strengths
- +Neutral-atom architecture scales to hundreds of qubits with flexible geometry
- +Strong European sovereignty positioning and HPC-centre deployments
- +Both analog and digital modes broaden applicability
Watch-outs
- –Gate-model fidelity and error correction are earlier-stage
- –Smaller capital base than US mega-funded peers
Key risks
- !Competitive neutral-atom field (QuEra, Atom Computing, others)
- !Financing needs as it scales manufacturing
Score breakdown
Funding momentum 40%74
€130m Series C, feb. 2025.
Patents 25%77
77th percentile within Neutral Atom.
Talent 20%72
~250 employees.
Research 15%93
93th percentile within Neutral Atom.
Funding history
Series C€130m
feb. 2025 · Led by Temasek
Signals
Management
Georges-Olivier Reymond
Co-founder & Chief Executive Officer
Major shareholders
Venture & strategic investorsvc
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Links & resources
Company website↗Sources: Dealroom · EPO · USPTO · arXiv · Company filings — Updated weekly · ▼ 0.8 (30d)