# Pasqal

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/pasqal
Canonical HTML page: https://getfinancebrief.com/entity/pasqal

## Timeline

- **2026-02-18**: Fund II Final Close — Quantonation II closes at €220 million with backing from Toshiba and other institutional LPs.
- **2024**: Portfolio Expansion — Key investments in companies like Pasqal and Nord Quantique demonstrate the firm's hardware focus.
- **2021**: Fund I Close — Quantonation closes its first flagship fund at €91 million.
- **2018**: Quantonation Founded — The firm is established as the first VC fund dedicated to quantum technologies.

## Recent coverage (2 stories)

### Pasqal Eyes Unicorn Status with €200 Million Funding Round
2026-02-19 17:02:00 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

French quantum computing leader Pasqal is reportedly in talks to raise €200 million, a move that would value the company at over €1 billion. This significant capital injection underscores the growing institutional appetite for neutral-atom quantum architectures as the industry shifts from experimental labs to commercial utility.
Full story: https://getfinancebrief.com/story/pasqal-quantum-unicorn-funding-200m

### Quantonation Closes €220M Quantum Fund as Strategic Deep-Tech Interest Surges
2026-02-18 17:55:21 · Sentiment: Bullish · Impact: 7/10 · Sources: 5

Paris-based Quantonation Ventures has finalized its second flagship fund at €220 million, marking one of Europe's largest dedicated vehicles for quantum computing and deep physics. The fund, backed by strategic partners including Toshiba, signals a shift from speculative research toward industrial-scale commercialization in the quantum sector.
Full story: https://getfinancebrief.com/story/quantonation-220m-quantum-fund-toshiba

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