IQM Raises €128M in Series A2 Funding
- IQM Quantum Computers, an Espoo, Finland-based builder of superconducting quantum computers, raised €128m ($128m) in Series A2 funding
- The round was led by World Fund with participation from Bayern Kapital, EIC Fund, OurCrowd, QCI SPV, Tofino and Varma
- The platform provides on-premises quantum computers for supercomputing data centres and research labs and offers full access to its hardware
- For industrial customers, the company delivers a quantum advantage through an application-specific, co-design approach
- The company is building Finland’s first 54-qubit quantum computer with VTT and an IQ M-led consortium (Q-Exa) is also building a quantum computer in Germany
