Nord Quantique is a Superconducting Qubits company founded in 2020 and based in Sherbrooke, Canada. It has raised $37M in total funding, most recently a Series A in 2026 at a $1.4B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 15, 2026 | Series A | $30M | $1.4B | Fidelity Investments Canada |
| Feb 8, 2022 | Seed | $7M | — |
| BDC Capital, Quantonation |
Superconducting quantum hardware using Gottesman-Kitaev-Preskill (GKP) bosonic codes to encode a logical qubit in a single superconducting cavity oscillator—achieving the world's best 1:1 physical-to-logical qubit encoding ratio, demonstrated in Physical Review Letters (2024). Hardware-efficient error correction eliminates the need for large qubit arrays required by surface codes, enabling smaller, lower-power fault-tolerant systems. Targeting more than 100 logical qubits by 2029 via the Canadian Quantum Champions Program.
Multimode bosonic encoding architecture demonstrated in 2025 that stores quantum information across multiple superconducting cavity modes, sustaining coherence through 32 consecutive error correction cycles. Reduces the number of physical qubits needed for quantum error correction versus single-mode approaches, providing a path to more compact fault-tolerant hardware. Selected for DARPA's Quantum Benchmarking Initiative Stage B (worth up to $15M) for superconducting technology validation.
2 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.