Quantum scale-up Pasqal plans $2B SPAC listing, promises to ‘remain French’

Stiinta si Tehnologie

Amid enduring investor appetite for all things quantum , another European company in the space is graduating from the private markets. Just two weeks after Finnish quantum unicorn IQM said it was going public via a merger with a special purpose acquisition company (SPAC), its French rival Pasqal is doing the same. Accompanied by a separate $200 million private funding round , Pasqal’s SPAC deal will see it merging with Bleichroeder Acquisition Corp II and subsequently being listed on the Nasdaq.

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