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
Industry Categories
Business Model
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
Elon Musk
Angel
Schwarz Group
Corporate
Ten Eleven Ventures
Venture Capital
TenElevenVentures
Venture Capital
Tesi
Venture Capital
Winbond
Corporate
Recent Mentions
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
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.
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
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
@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).
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