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Nord Quantique

Quantum Computing Company • Canada
2020
Founded
Canada
Country
Private
Status
$28M
Total Raised

About Nord Quantique

Nord Quantique

Nord Quantique is a pioneering quantum error correction company founded in 2020 in Sherbrooke, Quebec, that develops fault-tolerant quantum computers using bosonic codes and multimode encoding with their breakthrough Tesseract code, exploiting the natural redundancy of photons within quantum modes to achieve built-in error resilience without requiring more physical qubits, demonstrating industry-first quantum error correction at the qubit level with plans to deliver utility-scale machines exceeding 100 logical qubits by 2029 while consuming dramatically less energy than classical HPC systems.

Company Information

Key People

Julien Camirand Lemyre (Co-founder, CTO), Hamza Raniwala (Co-founder, CEO)

Investment Information

  • Status: private
  • Total Raised: $28M
  • Last Valuation: $120M

Recent Funding Rounds

  • 2024-03-12: series-a - $15M - Series A funding for photonic quantum computing
  • 2021-11-25: seed - $13M - Seed funding round

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Company Information

📅

Founded

2020

🌍

Country

Canada

🌐

Investment Information

📊

Status

Private

💰

Total Raised

$28M

2 funding rounds tracked. View detailed investment history →

Key People

Julien Camirand Lemyre (Co-founder, CTO), Hamza Raniwala (Co-founder, CEO)

Categories & Regions

Categories

Region

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