Nord Quantique (Growth Equity)
Funding Details
Awarder
SemiNews
Date Award
May 18, 2026
Vertical
Quantum Computing
Funding URL
View Funding Page
Valuation
$1,400,000,000
Funding Amount
$30,000,000
Company Info
Traction
Secured $16 million through the Canadian Quantum Champions Program and $5 million in DARPA’s Quantum Benchmarking Initiative, with potential for up to $300 million in future funding.
Founders
Julien Camirand Lemyre
Market
Quantum Error Correction
Location
Sherbrooke, Quebec, Canada
Coinvestors
BDC, Fidelity Investments Canada ULC, Panache Ventures, Presidio Ventures, Quantacet, Quantonation, Real Ventures
Company Description

Nord Quantique is a pioneer in the field of quantum error correction and quantum computing, focused on building efficient quantum computers with a 1:1 logical-to-physical qubit ratio, maximizing computational efficiency and enabling scalable quantum systems.

Links
Website
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