About IQM
IQM is a company based in Espoo (Finland) founded in 2018 by Jan Goetz. IQM has raised $526.89 million across 10 funding rounds from investors including Tencent, OurCrowd and OpenOcean. IQM offers products and services including IQM Spark, IQM Radiance, and IQM Cloud. IQM operates in a competitive market with competitors including Seeqc, Xanadu, C12 Quantum Electronics, Delft Circuits and Photonic, among others.
- Headquarter Espoo, Finland
- Founders Jan Goetz
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$526.89 M (USD)
in 10 rounds
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Latest Funding Round
$57.53 M (USD), Debt – Conventional
Mar 30, 2026
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Investors
Tencent
& 24 more
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Employee Count
Not available
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Products & Services of IQM
IQM offers a comprehensive portfolio of products and services, including IQM Spark, IQM Radiance, and IQM Cloud.
Affordable 5-qubit superconducting system for university research.
Advanced model with up to 150 qubits for high-performance computing.
Platform for accessible quantum computing via cloud for real-world use.
People of IQM
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Funding Insights of IQM
IQM has successfully raised a total of $526.89M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $57.53 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in IQM
IQM has secured backing from 25 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, OurCrowd and OpenOcean.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Locked | Locked | Locked | |
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World Fund is recognized as a leading European climate tech venture capital fund.
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High-tech industries are targeted for investments by Bayern Kapital.
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Investor details for IQM
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Investments & Acquisitions by IQM
Investment portfolio details for IQM
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Financial Statements - IQM
Detailed financials for IQM
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Iqm Comparisons
Peer comparison for IQM
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Competitors of IQM
IQM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seeqc, Xanadu, C12 Quantum Electronics, Delft Circuits and Photonic, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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System-on-chips for quantum computing applications are provided.
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Xanadu is involved in unspecified technology or AI solutions.
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Manufacturer of application-specific integrated circuits for quantum computing applications
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Superconducting circuits and cryogenic solutions for quantum computing are developed.
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Provider of silicon integrated photonics and quantum optics
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Detailed competitors of IQM
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Latest news on Iqm
Complete news archive for IQM
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Frequently Asked Questions about IQM
IQM was founded in 2018 and raised its 1st funding round 1 year after it was founded.
IQM is headquartered in Espoo, Finland.
Jan Goetz is the current CEO of IQM. They have also founded this company.
IQM is a funded company, having raised a total of $526.89M across 10 funding rounds to date.
Founded in 2018, IQM is engaged in the quantum computing sector, based in Espoo, Finland. Superconducting quantum processors are created by the company, incorporating on-chip components that enhance QPU clock speed for error correction. Application-specific processors and quantum operations are also provided to support various computational needs in the field.
IQM's top competitors include Seeqc, SparrowQuantum and Xanadu.
IQM offers IQM Spark, IQM Radiance, and IQM Cloud.
IQM has 25 investors. Key investors include Tencent, OurCrowd, OpenOcean, European Union, and Winbond.