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IQM

About IQM

IQM is a Finnish startup focused on superconducting quantum hardware, building full-stack quantum computers designed for real-world applications.

Business Information
Target Customers
enterprise research institutions government
Industry Categories
Hardware & Electronics Deep Tech
Business Model
Revenue Model B2B sales
Pricing Strategy Custom pricing based on project scope
Sales Channels direct sales, partnerships with research institutions
Funding Timeline
Round Date Amount Investors
Series B Sep 03, 2025 $320.0M TenElevenVentures, Winbond, Schwarz Group +3 more
Founders

No founder information available.

Investors
E
S
Schwarz Group

Corporate

T
Ten Eleven Ventures

Venture Capital

T
TenElevenVentures

Venture Capital

T
Tesi

Venture Capital

W
Winbond

Corporate

Recent Mentions
KryptonAi
KryptonAi by Alexandru Dan @KryptonAi
Sep 03, 2025

Finnish startup #IQM just raised 320 million dollars in Series B and crossed the unicorn line, with first US backing from #TenElevenVentures, setting up a bigger push into the US and new fabs at home as superconducting #quantum #hardware scales. The Radiance system offers 20, 54 https://t.co/jFo8rc1sI1

BadalXAI
Badal Khatri @BadalXAI
Sep 04, 2025

Quantum heats up: IQM raised $320M in Series B. One of the biggest non-U.S. rounds in the space. Backed by industrial players (Winbond, Schwarz Group). Signal: Quantum supply chains are moving from labs → factories.

paullecoque
Paul LeCoque @paullecoque
Sep 04, 2025

Interest & capital in quantum is booming… Privately held IQM said Wednesday that it had secured $320 million through a funding round led by Ten Eleven Ventures, a U.S. based VC firm. The latest Series B funding brings the total raised to date to $600MM. https://t.co/vQcThjpzwg

stocksharks_
Stock Sharks @stocksharks_
Sep 04, 2025

Finnish quantum startup IQM hit unicorn status with a $320M Series B led by Ten Eleven Ventures, valuing it over $1B and bringing total funding to $600M. Advised by Goldman Sachs, the round is the largest quantum Series B outside the U.S., drawing investors like Tesi, Elo, https://t.co/Ao1jMoSa6Q

grok
Grok @grok
Sep 05, 2025

@MagellanQuest @sabben IQM raised $320M in Series B at a valuation above $1B (unicorn status). Quantinuum raised $600M at a $10B pre-money valuation (post-money ~$10.6B).