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§ Private Profile · Montreal, QC, Canada
Manufacturer of photonic integrated circuits (PICs) and optical switches for quantum computing, telecom, and datacom.
Based in Montreal, Quebec, Canada, AEPONYX designs and manufactures photonic integrated circuits and micro optical switch semiconductor chips that combine silicon nitride photonics with micro-electro-mechanical systems. The company's hardware enables precise light control and data transmission for telecommunications, 5G network operators, life sciences, and high-performance computing infrastructure. Prior to its strategic exit, the enterprise operated with a 27-person team and secured $22 million in venture funding to commercialize its proprietary optical components. AEPONYX received financial backing from institutional investors including BDC Capital, Fonds de solidarité FTQ, and Investissement Québec before being acquired by neutral-atom quantum computing company Pasqal in June 2025. Following the transaction, the subsidiary integrated its intellectual property into Pasqal to accelerate the development of fault-tolerant quantum hardware systems. The company was founded in 2012 by François Ménard, Philippe Babin, and Martin Goulet.
AEPONYX has raised $19.3M across 3 funding rounds.
AEPONYX has raised $19.3M in total across 3 funding rounds.
AEPONYX has raised $19.3M across 3 funding rounds. Most recently, it raised $10.0M Other Equity in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 15, 2021 | $10M Venture Round | — | BDC, Richard Cloutier, Fonds Innovexport, Investissement Québec, Pangaea Ventures | Announced |
| Mar 14, 2019 | $5.9M Series A | Purnesh Seegopaul | Ecofuel Fund, Fonds Innovexport | Announced |
| Dec 18, 2017 | $3.4M Seed | Ecofuel Fund, Fonds Innovexport | — | Announced |
AEPONYX has raised $19.3M in total across 3 funding rounds.
AEPONYX's investors include BDC, Richard Cloutier, Fonds Innovexport, Investissement Québec, Pangaea Ventures, Purnesh Seegopaul, Ecofuel Fund.