Latest round

Seed

Last raised

Sep 2024

Total raised

$4.4M

Investors

3

About QMill

Founded in 2024 and based in Espoo, Finland, QMill Oy is a developer of quantum algorithms that provide near-term, practical benefits for industrial applications. The company was co-founded by Hannu Kauppinen (CEO), Ville Kotovirta, Mikko Möttönen, and Toni Annala. QMill engages in creating quantum-advantage algorithms optimized for near-term quantum computers operating in the intermediate-scale quantum (NISQ) era. These algorithms are designed to solve large-scale computational challenges. These algorithms are programs that can be run as quantum circuits in a quantum computer.

Who invested in QMill

3 investors across 1 round

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Funding rounds

  1. Seed

    Sep 3, 2024

    Amount

    $4.4M

    Investors

    Locked

Questions about QMill

Who invested in QMill?

QMill has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has QMill raised?

QMill has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did QMill last raise money?

QMill's most recent round on record is a Seed, in Sep 2024.

What does QMill do?

Founded in 2024 and based in Espoo, Finland, QMill Oy is a developer of quantum algorithms that provide near-term, practical benefits for industrial applications.

Where is QMill headquartered?

QMill is headquartered in Espoo, Finland.

Which VCs invest in companies like QMill?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at QMill's stage. Their profiles are linked below.

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