Paris-based quantum computing startup, Pasqal, has raised $108 million in a Series B funding round led by Singapore's Temasek. The funding will be used to further develop Pasqal's unique approach to quantum computing using neutral atoms. Pasqal's technology uses lasers to hold atoms in place with an optical tweezer, creating a dense matrix of qubits that can be reshuffled in 3D space as needed for a given algorithm. This process happens at room temperature, making it more similar to Field-Programmable Gate Arrays (FPGAs) than traditional quantum processors. Pasqal's approach to neutral atoms quantum computing, which has already demonstrated the ability to control over 300 atoms at a time, has the potential to change the way quantum processors are built. The company plans to use the funding to continue building its quantum control system, so it can start implementing quantum algorithms and aims to show potential customers a "quantum business advantage" by 2024 with a system of 200 to 300 qubits. Pasqal's team includes Nobel laureate Alain Aspect, who won a Nobel Prize for his work on quantum entanglement in 2022.
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