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Nord Quantique

🏢 Company
Hardware • Canada
⚖️ Compare with Other Companies
2020
Founded
Canada
Country
Private
Status
$28M
Total Raised

About 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.

2025 Developments: In February 2025, Government of Canada invested $8.1 million in Sherbrooke’s quantum sector including Nord Quantique. Funding enabled acquisition of dilution refrigerators and quantum control electronics. In May 2025, announced multimode quantum encoding technology that cuts qubit count and boosts error correction. Secured supply chain for quantum chip manufacturing

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

Explore other quantum computing companies in similar categories or regions.

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Company Information

📅

Founded

2020

🌍

Country

Canada

🌐
🏷️

Categories

Hardware

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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