Pascal announced a capital increase of 100 million euros in equity. This is in order to accelerate its international development in order to offer major technological innovations by 2024.

Pascal is a leader in the field of neutral atom-based quantum computing. Indeed, the new investor, Temasek, an investment company headquartered in Singapore that is taking a stake in the company, the European Innovation Council (EIC) fund, Wa'ed Ventures and Bpifrance's Large Venture fund led this financing round. Similarly, the historical investors Quantonation, the Defense Innovation Fund, Daphni and Eni Next, Eni's venture capital arm, also participated.

According to them, this operation will allow PASQAL to continue developing its neutral atom quantum computer, in order to offer commercial advantages for the development of industrial use cases compared to classical supercomputers, starting in 2024.