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Pasqal Raises $100M To Build World's Smallest Quantum Computer

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Pascal, a quantum computing startup based in Paris, announced today that it has raised a hundred million in a Series B financing round arranged by Singapore's Temasek.

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Alongside Temasek and its existing investors Quantonation, Defense Innovation Fund, Daphni and Eni Next, as well as investors who are new i.e.  European Innovation Council (EIC) Fund, Wa'ed Ventures and Bpifrance (through its Large Venture Fund) also took part in this round.

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What does Pascal, the company founded at the beginning of 2019, stand out from an ever-growing sector that is quantum computing startup companies is the fact that it is betting on neutral atoms for quantum computing.

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This is a fairly new and possibly game-changing method of creating quantum processors.

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Instead of capturing particles of ions (like IonQ) or superconducting quantum computers (like IBM), neutral quantum processors based on atoms utilize lasers to hold atoms into place using the optical equivalent of a tweezer.

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You can see creating the technology to keep one atom and just one atom -- inside this trap has many challenges, mostly solved issues today.

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