Nord Quantique Valuation, Funding & Investors

Nord Quantique is valued at $1.4B as of May 2026.

Last Nord Quantique valuation

$1.4B

Undisclosed stage · May 2026

Last Nord Quantique funding round

$30M

Undisclosed stage · May 2026

Cumulative funding Nord Quantique raised

$38M

across 3 funding rounds

Key investors in Nord Quantique

  • BDC Capital
  • Real Ventures
  • Quantonation
  • Panache Ventures
  • Presidio Ventures
  • Sustainable Development Technology Canada

Nord Quantique Overview

About Nord Quantique

Nord Quantique is a Sherbrooke-based quantum computing company developing second-generation processors using bosonic codes for error correction. The firm targets fault-tolerant systems for applications in cryptography, optimization, and simulation. Its technology integrates superconducting circuits and photonic interfaces, with prototypes tested in Canadian research labs.


Founded

2020

HQ

CanadaSherbrooke

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$1.4B (May 2026)

Nord Quantique Valuation

Nord Quantique is currently valued at $1.4B, based on its undisclosed-stage round in May 2026.

The $30M round included Quantacet, Panache Ventures, Quantonation, Real Ventures, BDC Capital and 2 other investors.

Nord Quantique valuation by funding round

Nord Quantique valuation by funding round
DateStageValuation
May 2026Undisclosed stage$1.4B

Nord Quantique Funding History

Nord Quantique has raised a total of $38M across 3 funding rounds.

Nord Quantique's first fundraising round was a $100K seed round in December 2020. The most recent completed round was a $30M undisclosed-stage round in May 2026.

Nord Quantique funding rounds

Nord Quantique funding rounds
DateStageInvestorsRaisedValuationDeal Summary
May 2026Undisclosed stageQuantacet; Panache Ventures; Quantonation; Real Ventures; BDC Capital; Presidio Ventures; Fidelity Canada$30M$1.4BNord Quantique raised US$30 million in May 2026 at a reported US$1.4 billion valuation. The round was associated with Fidelity, and the company’s financing was described as equity capital for its next phase of development. No cash/stock or earn-out structure was indicated. The funding follows Nord Quantique’s earlier seed financing and supports the company’s push toward fault-tolerant quantum computing. The company is building superconducting-circuit quantum technology and has stated a target of developing fault-tolerant quantum computers by 2030. The raise comes amid continued investor interest in deep-tech quantum computing platforms and appears aimed at scaling the company’s technical roadmap and commercialization timeline. Nord Quantique is a Sherbrooke, Québec-based quantum computing startup that emerged from stealth in 2022 with CAD $9.5 million in seed funding co-led by BDC Capital’s Deep Tech Venture Fund and Quantonation, with participation from Real Ventures. The company develops technology using superconducting qubits and had previously received CAD $100,000 from Sustainable Development Technology Canada. Its total funding before the 2026 round was described as roughly CAD $11 million, and the company has focused its capital on advancing bosonic qubit technology in superconducting circuits.
Feb 2022SeedBDC Capital (lead); Quantonation (lead); ACET Capital; Real Ventures$8M-Nord Quantique is a Sherbrooke, Quebec-based quantum computing hardware company founded in 2020 by physicists Philippe St-Jean and Julien Camirand Lemyre as a spinoff from the Institut Quantique. The company develops superconducting quantum processors using bosonic codes to reduce error rates on individual qubits, addressing one of the major challenges in commercial quantum computing. In February 2022, Nord Quantique closed a CAD $9.5 million seed round co-led by BDC Capital's Deep Tech Venture Fund and Paris-based Quantonation VC, with participation from existing investor Real Ventures. This capital brought the company's total funding to approximately CAD $11 million, including prior support from Sustainable Development Technology Canada. The funding was earmarked for advancing the company's bosonic qubit technology in superconducting circuits and scaling fault-tolerant quantum computing solutions.
Dec 2020SeedSustainable Development Technology Canada (lead)$100K--

Who has invested in Nord Quantique?

9 investors have backed Nord Quantique across its funding rounds, including BDC Capital, Real Ventures, Quantonation, Panache Ventures, Presidio Ventures and Sustainable Development Technology Canada.

Lead investors include BDC Capital, Quantonation and Sustainable Development Technology Canada.


Nord Quantique Investors

Investors in Nord Quantique by funding rounds participated
InvestorHQRoundsRoleFirst check
QuantonationFranceParis2LeadFeb 2022
Real VenturesCanadaMontreal2ParticipantFeb 2022
BDC CapitalCanadaMontreal2LeadFeb 2022
QuantacetCanadaSherbrooke1ParticipantMay 2026
Panache VenturesCanadaMontreal1ParticipantMay 2026
ACET CapitalCanadaSherbrooke1ParticipantFeb 2022
Sustainable Development Technology CanadaCanadaOttawa1LeadDec 2020

This data is available for Pro users. Sign up to see all 9 Nord Quantique investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Nord Quantique Competitors

Nord Quantique competitors include listed companies like D-Wave Quantum and Pasqal, and private ones like IQM Quantum Computers, QuEra Computing, SeeQC and Photonic.

Public and private companies comparable to Nord Quantique
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
IQM Quantum ComputersFinlandEspooPrivate$35M-$1B28.6x
QuEra ComputingUnited StatesBoston, MAPrivate$41M-$1B24.4x
SeeQCUnited StatesNew York City, NYPrivate--$1B-
PhotonicCanadaVancouverPrivate--$2B-
D-Wave QuantumUnited StatesUnited StatesPublicly listed$25M($373M)$6.7B166.4x
PasqalFranceFrancePublicly listed$19M($92M)$1.7B-

Nord Quantique Public Comps

Nord Quantique is still privately-owned, but its public comps include Boost Run, POET Technologies, Pasqal, IQM Quantum Computers, Silex Microsystem, SharonAI, Whitefiber, Northern Data, Xanadu and Fixstars.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Boost Run$27M($4M)58.1x11.8x(419.7x)25.1x
POET Technologies$1M($60M)475.5x106.5x(8.6x)-
Pasqal$19M($92M)91.5x-(18.9x)-
IQM Quantum Computers$36M($48M)46.9x-(35.2x)-
Silex Microsystem$141M$49M12.3x-35.5x-
SharonAI$2M($36M)752.3x13.7x(32.7x)46.2x
Whitefiber$79M($2M)12.1x7.9x(412.2x)25.8x
Northern Data$92M($36M)15.4x-(39.8x)-

This data is available for Pro users. Sign up to see all Nord Quantique competitors and their valuation data.

Start Free Trial

Common questions about Nord Quantique

When was Nord Quantique founded?Nord Quantique was founded in 2020.
Where is Nord Quantique headquartered?Nord Quantique is headquartered in Sherbrooke, Canada.
Is Nord Quantique publicly listed?No, Nord Quantique is a private, VC-backed company.
What is Nord Quantique's valuation?Nord Quantique was last valued at $1.4B in its undisclosed-stage round in May 2026.
How much funding has Nord Quantique raised?Nord Quantique has raised $38M across 3 funding rounds.
What was Nord Quantique's last funding round?Nord Quantique's last funding round was a $30M undisclosed-stage round in May 2026.
Who are Nord Quantique's investors?Nord Quantique's investors include Quantonation, Real Ventures, BDC Capital, Quantacet, Panache Ventures, ACET Capital, Sustainable Development Technology Canada, Presidio Ventures and Fidelity Canada.
Which companies are comparable to Nord Quantique?Companies comparable to Nord Quantique include IQM Quantum Computers, QuEra Computing, SeeQC, Photonic, D-Wave Quantum and Pasqal.

See companies similar to Nord Quantique

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial