September 30, 2022

Nord Quantique Secures CAD $9.5 Million

Nord Quantique Secures CAD $9.5 Million

Nord Quantique, a Sherbrooke-based Canadian Quantum Computing technology start-up, announced it has closed CAD $9.5 Million seed funding. Nord Quantique develops technology using superconducting qubits to solve challenges within current quantum processors. 

Co-leading this seed investment is BDC Capital’s Deep Tech Venture Fund and Paris-based Quantonation VC fundReal Ventures from Montréal, already a shareholder, also participated in the seed round. Nord Quantique is a partner of the Sherbrooke Quantum Innovation Zone, dedicated to advancing quantum computing innovation in Québec.

Nord Quantique develops hardware that accelerates the pathway to fully fault-tolerant quantum computing.  Leveraging bleeding-edge Canadian expertise in quantum technology and semiconductor chip fabrication, Nord Quantique is redesigning processors from the ground up to mitigate and reduce error events on every individual qubit.