Quantum startup Nord Quantique secures $1.4 billion USD valuation

Quantum computing startup Nord Quantique has achieved so-called unicorn status, securing a $1.4 billion USD ($1.9 billion CAD) valuation. First reported by The Globe and Mail on Thursday, the Sherbrooke, Qué.-based company raised $30-million USD earlier this spring from investment giant Fidelity. BetaKit has confirmed the size of the valuation, and the funding, with multiple sources familiar with the company’s operations who spoke on the condition of confidentiality.