Pasqal is a global leader in neutral-atom quantum computing hardware, developing scalable quantum processors using trapped neutral atoms controlled by laser arrays. The company is building fault-tolerant quantum systems designed for enterprise-scale applications across optimization, simulation, and machine learning.
Pasqal is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2019
Employees
201–500
Total Funding
$343.5M
6 rounds
Completed SPAC merger with Bleichroeder Acquisition Corp. II; ~$360M cash at closing; began Nasdaq trading as PSQL/PSQLW Aug 28, 2026.
Now publicly listed — pre-IPO secondary positions gain public-market liquidity/exit path.
SEC declared Pasqal's Form F-4 effective Aug 5, 2026; Bleichroeder shareholder vote set for Aug 25, expected Nasdaq ticker PSQL.
SPAC closing now imminent (~3 wks); pre-listing secondary window narrowing.
Wasiq Bokhari now serves as CEO (and Executive Chairman); Loic Henriet moved to CTO
Leadership shift ahead of pending SPAC listing; confirm governance before pricing
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $343.5M across 6 rounds
Last updated 08-28-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 4, 2026 | SPAC / Business Combination Bloomberg | $600M | $2B | Bleichroeder Acquisition Corp II |
| Feb 27, 2026 | Series C | $200M | $1.45B *estimated | Not disclosed |
| Jul 5, 2024 | Strategic — CMA CGM | $5.4M | — | CMA CGM Group |
Wasiq Bokhari
Chief Executive Officer & Director
Loïc Henriet
Chief Technology Officer
Stéphane Rougeot
Chief Financial Officer
Georges-Olivier Reymond
Co-Founder & Chief Strategic Alliances Officer; Director
Antoine Browaeys
Co-Founder & Chief Scientific Officer
Barbara Bonneau
Chief Operating Officer
Véronique Dentan
Chief Production & Project Officer
Adrien Signoles
Chief Hardware Officer
Mourad Beji
Chief Software Officer
Mark Armstrong
Chief Commercial Officer, EMEA and APAC
Alain Aspect
Co-Founder, Nobel Prize Laureate; Non-Executive Chair of the Board
Competitor list is illustrative and may be incomplete, stale, or erroneous.
IBM Quantum
Develops superconducting qubit quantum computers and quantum software platforms
Google Quantum AI
Develops superconducting quantum processors and quantum algorithms
IonQ
Develops trapped-ion quantum computers
Rigetti Computing
Develops hybrid superconducting and photonic quantum systems
Atom Computing
Develops neutral-atom quantum processors
PsiQuantum
Develops photonic fault-tolerant quantum computers
Pasqal completed its business combination with Bleichroeder Acquisition Corp. II on August 27, 2026, two days after Bleichroeder shareholders approved it; Bleichroeder merged into a French société anonyme which then absorbed Pasqal Holding SAS, and the surviving company was renamed Pasqal Holding SA. Its ordinary shares and warrants began trading on Nasdaq on August 28, 2026 under the ticker symbols PSQL and PSQLW, while Bleichroeder's units, Class A shares and warrants were delisted. The company reported approximately $360 million of cash available at closing after holders of 26,039,602 of Bleichroeder's 28,750,000 public Class A shares elected to redeem; the deal valued Legacy Pasqal at a $2.0 billion pre-transaction equity valuation, and Pasqal has described the Nasdaq listing as a first step toward a planned dual listing on Euronext Paris.
Pasqal shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Pasqal raised $343.5M across 6 disclosed funding rounds prior to its public listing.
Pasqal was co-founded by Georges-Olivier Reymond, Antoine Browaeys, and Alain Aspect in 2019.
Pasqal is headquartered in Palaiseau, France.
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