IQM Finland

HardwareSeries BEspoo, Finlandmeetiqm.com

Latest round

Series B

Last raised

Sep 2025

Total raised

$510M

Investors

23

About IQM Finland

IQM Finland Oy, founded in 2018 and headquartered in Espoo, Finland, focuses on creating superconducting quantum computers for academic and research purposes. The company's leadership includes founders Jan Goetz, Juha Vartiainen, Kuan Tan, and Mikko Möttönen. IQM Quantum Computers develops advanced quantum computing systems, particularly superconducting quantum computers. Their product line includes a 5-qubit quantum computer for academia and larger systems with 20, 54, and 150 high-fidelity qubits designed for high-performance computing applications. They also offer a quantum cloud platform, enabling researchers to explore practical applications of quantum technology, primarily targeting Europe, North America, and parts of Asia. The revenue is generated through direct sales of quantum hardware and subscription access to their cloud platform, assisting institutions in acquiring cutting-edge technology and ongoing updates.

Who invested in IQM Finland

23 investors across 4 rounds

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Funding rounds

  1. Series B

    Sep 3, 2025

    Amount

    $320M

    Investors

    Locked

  2. Series A

    Jul 22, 2022

    Amount

    $131M

    Investors

    Locked

  3. Series A

    Nov 9, 2020

    Amount

    $46M

    Investors

    Locked

  4. Seed

    Jul 9, 2019

    Amount

    $13M

    Investors

    Locked

Questions about IQM Finland

Who invested in IQM Finland?

IQM Finland has 23 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has IQM Finland raised?

IQM Finland has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did IQM Finland last raise money?

IQM Finland's most recent round on record is a Series B, in Sep 2025.

What does IQM Finland do?

IQM Finland Oy, founded in 2018 and headquartered in Espoo, Finland, focuses on creating superconducting quantum computers for academic and research purposes.

Where is IQM Finland headquartered?

IQM Finland is headquartered in Espoo, Finland.

Which VCs invest in companies like IQM Finland?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back hardware companies at IQM Finland's stage. Their profiles are linked below.

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