Pasqal Seeks €200 Million Funding to Reach Unicorn Status

French quantum computing startup Pasqal is reportedly in discussions to secure €200 million in funding, which would value the company at over €1 billion before the investment. Bloomberg posted on X, citing sources familiar with the situation. This funding round could elevate Pasqal to unicorn status, reflecting the growing interest and investment in quantum technology. The company is aiming to leverage this capital to expand its operations and enhance its technological capabilities. The move underscores the increasing momentum in the quantum computing sector as companies strive to advance their technological frontiers.