Series B · AI & Machine Learning · Espoo, Finland · Founded 2018 · 300–350 employees
IQM builds superconducting full-stack quantum computers for on-premises deployment and cloud access, targeting research institutions, HPC centers, and enterprises. The company has delivered over 30 quantum systems globally including 5, 20, 54, and 150-qubit systems, with plans for 300-qubit systems by 2027. IQM raised $320 million in a Series B round in September 2025, achieving unicorn status with a $1 billion valuation and recently announced plans for a $1.8 billion IPO via SPAC merger. The company operates Europe's most advanced quantum chip fabrication facility in Espoo and is expanding production capacity to build 30 quantum computers annually.