Pasqal SAS announced that it has received ?340 million in funding on March 4, 2026. The company issued convertible preferred shares in the transaction. The company issued convertible preferred shares and receive d?170 million private funding round and a committed convertible financing of approximatively ?170 million.
The company raised funding at post-money valuation of ?1,719,800,000 ($2,000,000,000). The transaction includes participation from leading international investors, comprising technology players, industrial companies, and institutional investors including returning investor LG Electronics Inc., new investors CMA CGM S.A., Quanta Computer Inc. and Park Way.
