The funding was led by BDC Capital’s Deep Tech Venture Fund and Paris-based Quantonation VC fund. Previous investor Real Ventures also participated in this round. Nord Quantique is developing a superconducting quantum processor that will use bosonic codes to provide error mitigated qubits. They believe that their approach will result in lower error qubits than other superconducting qubit implementations. Nord Quantique, founded in 2020, is located in Sherbrooke, Quebec, Canada and is a partner of the Sherbrooke Quantum Innovation Zone. Additional information can be found in a news release posted on the Nord Quantique website here.
February 9, 2022