QMill
The first to unlock quantum advantage
Espoo, Finland · Founded 2024 · $4.5M raised
- Headquarters
- Espoo
- Employees
- 11–50
- Founded
- 2024
- Business Model
- B2B
- Website
- qmill.com
- Total Funding
- $4.5M
- Last Round
- $4.5M SeedSep 2024
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
QMill is a Finnish quantum computing company developing quantum-advantage algorithms and software designed to run on near-term quantum computers in the noisy intermediate-scale quantum (NISQ) era. Its first product, QMill Circuit Compression, is an AI-powered service that compresses, runs, and compares quantum circuits — enabling useful quantum computations sooner. QMill's algorithms have demonstrated a six-fold leap toward practical quantum advantage, requiring only 48 qubits, and its AI-powered compression method was trained using the LUMI supercomputer. The company aims to unlock real-world industrial applications of quantum computing ahead of full fault-tolerant hardware availability.
Summary
QMill is an Artificial Intelligence company based in Espoo, Finland, founded in 2024. It has raised $4.5M in total across 1 round, most recently a $4.5M Seed round in Sep 2024. Investors include Maki.vc, Antler and Kvanted.
Tech & App Stack
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Funding History
Sep 2024
Investors
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