IQM Finland
formerly IQMIPOIQM Quantum Computers - Built for Real Impact
Espoo, Finland · Founded 2018 · $544.0M raised
- Headquarters
- Espoo
- Employees
- 201–500
- Founded
- 2018
- Business Model
- B2B
- Website
- iqm.tech
- Total Funding
- $544.0M
- Last Round
- $57.0M Corporate RoundMar 2026
- Rounds
- 4
About
IQM builds full-stack superconducting quantum computers, selling on-premises systems to research institutions, high-performance computing centers, and enterprises, alongside cloud access via IQM Resonance. Its product line spans the 5-qubit IQM Spark for universities, the IQM Radiance series at 20, 54, and 150 qubits for HPC integration, and the error-correction-focused IQM Halocene; IQM claims the most on-premises quantum computer deliveries globally in the past year. Founded in 2018 as a spin-off of Aalto University and VTT and headquartered in Espoo, Finland, IQM employs more than 350 people across Europe, Asia, and North America. It raised a €275 million Series B in September 2025, added €50 million from BlackRock-managed funds in March 2026, and listed on Nasdaq in July 2026 with €127 million in PIPE financing, among Europe's first publicly traded quantum computing companies.
Summary
IQM Finland is an Artificial Intelligence company based in Espoo, Finland, founded in 2018. It has raised $544.0M in total across 4 rounds, most recently a $57.0M Corporate Round round in Mar 2026. Investors include Real Asset Acquisition Corporation, BlackRock and Ten Eleven Ventures.
Tech & App Stack
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Funding History
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Jul 2026
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Series A through IPO — per-round amounts, valuations, and who invested in each round.
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