Dunamu & Partners (CEO Kang-Jun Lee), an investment subsidiary of Dunamu, announced on the 30th that it has invested in Pasqal, a French neutral atom-based quantum computing technology startup.
Pascal is developing quantum computing technology utilizing 2D and 3D arrays of neutral atoms, and is leading the commercialization of quantum computing technology in various industries such as ▲healthcare ▲finance ▲energy ▲defense ▲mobility together with global corporate partners.
Pascal will establish Korea as the first international public-private quantum computing partnership in the Asia-Pacific. This partnership will create over 50 high-level research positions in Korea and accelerate research and development of quantum algorithms and industrial applications, including the introduction of a neutral atom-based quantum processing unit (QPU). This will foster Korea as a key hub in the global quantum ecosystem. This partnership is supported by the Ministry of Trade, Industry and Energy and the Seoul Metropolitan Government.
“With the investments from LG Electronics and Dunamu & Partners, and our collaboration with the Seoul Metropolitan Government, we have built a unique ecosystem that will accelerate the adoption of quantum computing in the Asia-Pacific region,” said Loïc Henriet, CEO of Pascal. Wasiq Bokhari, Chairman of the Board of Directors of Pascal, emphasized, “Entering Korea is a strategic base for Pascal to collaborate with world-class companies and research institutions. This will be an important milestone in leading the commercialization of quantum technology in the Asia-Pacific market.”
Lee Kang-jun, CEO of Dunamu & Partners, said, “Pascal is a company that presents a new standard for global quantum technology and has the potential to commercialize technology that will overcome the limitations of existing computing. We expect that it will contribute to the growth of the domestic quantum computing ecosystem through research and industrial cooperation in Korea.”
Meanwhile, Dunamu & Partners has invested a total of KRW 206.7 billion in 72 startups, including Korea Credit Data, Travel Wallet, Rebellion, Craft Technologies, and Innoclas.
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