IQM Quantum Computers

company

About

IQM builds quantum computers, focusing on superconducting technology.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
€128M
Industries
Computer,Hardware,Product Design,Quantum Computing
Founded date
Apr 28, 2018
Number Of Employee
101 - 250
Operating Status
Active

IQM is the pan-European leader in building quantum computers.

IQM delivers on-premises quantum computers for supercomputing data centres and research labs and offers full access to its hardware. For industrial customers, IQM delivers a quantum advantage through a unique application-specific, co-design approach. IQM is building Finland’s first commercial 54-qubit quantum computer with VTT, and an IQM-led consortium (Q-Exa) is also building a quantum computer in Germany. This computer will be integrated into an HPC supercomputer to create a quantum accelerator for future scientific research. IQM has over 190+ employees with offices in Paris, Madrid, Munich, and Espoo.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€163M
IQM Quantum Computers has raised a total of €163M in funding over 2 rounds. Their latest funding was raised on Jul 22, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 22, 2022 Series A €128M 3 Detail
Apr 28, 2022 Debt Financing €35M 1 European Investment Bank Detail

Investors

Number of Lead Investors
Number of Investors
1
4
IQM Quantum Computers is funded by 4 investors. European Investment Bank and OurCrowd are the most recent investors.
Investor Name Lead Investor Funding Round
European Investment Bank Yes Debt Financing
OurCrowd Series A
QCI Series A
Bayern Kapital Series A