Tech Company Financing Transactions
Nord Quantique Funding Round
Nord Quantique closed a $30 million funding round on 5/18/2026. Investors included BDC Capital, Fidelity Investments Canada and Panache Ventures.
Transaction Overview
Company Name
Announced On
5/18/2026
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support the advancement of its technical roadmap, scale its engineering operations, and accelerate its path toward building commercially viable, fault-tolerant quantum computers by 2030.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1950 rue Roy
Sherbrooke, Québec, J1K 1B7
Canada
Sherbrooke, Québec, J1K 1B7
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Nord Quantique, our 1:1 logical-to-physical qubit ratio, our tileable design, and fast clock rates bring efficient, scalable, and data-center-compatible quantum computers to the market. We believe these smaller, easily integrable systems will shape a future where everyone benefits from quantum innovation. Nord Quantique is at the forefront of the field of quantum error correction. Quantum computers developed with our unique approach correct the most common types of errors (bit flips and phase flips) using bosonic codes. Unlike other designs, we correct most errors without dedicating overhead of redundant qubits to error correction.
Management Team
Title
Name
Email & Social
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We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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