Acquiring Company
Bleichroeder Acquisition II
Acquired Company
Pasqal
FranceParisFinancial ServicesReal EstateFinanceDescription
Pasqal has successfully merged with Bleichroeder Acquisition Corp II, marking a significant milestone with a valuation of around $2 billion. Following the merger, Pasqal made a strong market debut on Nasdaq, with shares surging 60%. The deal provides Pasqal with substantial funding to enhance production capabilities and pursue advancements in quantum computing.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Pasqal?
Pasqal was acquired by Bleichroeder Acquisition II, based in France. The deal was reported on August 28, 2026. Bleichroeder Acquisition II is a special purpose acquisition company (SPAC) focused on mergers with innovative companies. It aims to facilitate public listings for its target companies through business combinations. Bleichroeder Acquisition II is publicly traded (BBCQ) and operates in Financial Services.
When did Bleichroeder Acquisition II acquire Pasqal?
Bleichroeder Acquisition II's acquisition of Pasqal was reported on August 28, 2026. Pasqal has successfully merged with Bleichroeder Acquisition Corp II, marking a significant milestone with a valuation of around $2 billion. Following the merger, Pasqal made a strong market debut on Nasdaq, with shares surging 60%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pasqal do?
What makes Pasqal, which was founded in early 2019, stand out in an increasingly crowded field of quantum computing startups is that the company is betting on neutral atoms quantum computing. It is privately held, and is based in Paris.
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