IQM
IQM is a Superconducting Qubits company founded in 2018 and based in Espoo, Finland. It has raised $529M in total funding, most recently a Series B in 2025.
IQM designs and manufactures superconducting quantum computers for research institutions and data centers. IQM is building a 150-qubit computer for the German Aerospace Center and announced a 20-qubit system for VTT in Finland. The company was named Europe's fastest-growing quantum startup.
The fastest-growing European quantum hardware company, with €128M raised and partnerships to install systems in Germany, Finland, and Spain.
At a glance
Total raised
$529M
Headcount
201-500
Headquarters
Espoo
FinlandFounded
2018
Status
Private
Subsector
Where IQM ranks
Top 25 Quantum Computing companies →Funding history
Total raised
$529M
Rounds tracked
4
Latest stage
Series B
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Sep 3, 2025 | Series B | $320M | — | Ten Eleven Ventures |
| Jul 1, 2022 | Series A | $150M | — | World Fund |
