IQM ^Company

IQM Quantum Computers (IQM Finland Oy)

Summary: IQM is pioneering the future of superconducting quantum computers. With over $600 million raised, including the largest quantum raise outside of the US, we are the market leader in on-premises and cloud-accessible systems. IQM quantum computers empower the most innovative HPC centers, universities, enterprises, and researchers to push the boundaries of science and technology. From our headquarters in Finland and Germany and global hubs across Europe, Asia, and the U.S., our 300+ quantum explorers are advancing toward scalable, error-corrected quantum computing.

IQM Quantum Computers is a leading European full-stack quantum computing company (founded 2018, headquartered in Espoo, Finland, with offices in Munich, Madrid, and Paris) specializing in superconducting quantum processors and complete quantum computers. It develops scalable systems (e.g., IQM Spark 5-qubit, IQM Radiance 20-qubit, roadmap to 150+ qubits by 2026) for on-premise deployment and cloud access. Core focus includes biotech (quantum simulations for molecular modeling and drug discovery), cybersecurity (quantum-safe cryptography research, post-quantum protocols), and communications (quantum network nodes, secure quantum links via partnerships). IQM partners with CSC (Finland’s national supercomputing center), VTT Technical Research Centre of Finland, Aalto University, IQM Spain (Madrid), IQM Germany (Munich), and EU initiatives (EuroHPC JU, Horizon Europe). Total funding raised: ~€370–400M+ (including €128M Series A2 in Dec 2022 led by World Fund, €20M+ grants from EU and Business Finland). Private company; no public listing. Data from company website (meetiqm.com), Crunchbase, PitchBook, Tracxn, TechCrunch, EU press releases, company announcements (as of Feb 2026).

Stock Symbol:
Founders: Jan Goetz, Juha Vartiainen, Kuan Yen Tan, Mikko Möttönen

Technologies: IQM Quantum Computers, a Finnish company headquartered in Espoo, develops full-stack superconducting quantum computers for research and industrial applications. Key technologies include: Superconducting Quantum Processors, IQM Radiance Quantum Computers, On-Premises Full-Stack Quantum Systems, Tunable Couplers, HPC Integration, Open Hardware and Software Platform (provides transparent access to system components and software, supporting customization and collaboration with academic and industrial partners), IQM Spark 5-Qubit System, Quantum Computer Fabrication Facility (operates an 8,000 m² production site in Espoo with expanded cleanroom space to manufacture quantum chips and assemble systems, targeting up to 30 quantum computers per year), Amazon Braket Integration.