Emerging and High Growth Companies

Nord Quantique in its US$30-million financing to reach a US$1.4-billion valuation Nord Quantique in its US$30-million financing to reach a US$1.4-billion valuation

Nord Quantique
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Calvin Leung

Partner, Emerging and High Growth Companies, Montréal

Olivier Dufrasne-Desbiens

Associate, Emerging and High Growth Companies, Montréal

Alexander Green

Associate, Emerging and High Growth Companies, Toronto

Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Emma Runzer-Boucher

Associate, Emerging and High Growth Companies, Toronto

On May 19, 2026, Nord Quantique announced that it secured US$30 million in funding. This investment will support the advancement of the company’s goal towards fault tolerance in 2030. Due to the investment, the company also reaches a US$1.4-billion valuation.

Nord Quantique creates quantum processors based on second-generation technology and that focuses on quantum computing error correction.

Osler, Hoskin & Harcourt LLP advised Nord Quantique with a team consisting of Chad Bayne, Calvin Leung, Olivier Dufrasne-Desbiens, Alexander Green, Jennifer Humphrey and Emma Runzer-Boucher (Emerging and High Growth Companies).

Value
US$30 million
Date Announced
May 19, 2026
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Calvin Leung

Partner, Emerging and High Growth Companies, Montréal

Olivier Dufrasne-Desbiens

Associate, Emerging and High Growth Companies, Montréal

Alexander Green

Associate, Emerging and High Growth Companies, Toronto

Jennifer Humphrey

Associate, Emerging and High Growth Companies, Toronto

Emma Runzer-Boucher

Associate, Emerging and High Growth Companies, Toronto