About IQM
IQM is a Technology company based in Espoo (Finland) founded in 2018 by Jan Goetz. It operates as a superconducting quantum computers are developed with advanced processors and operations. IQM has raised $600 million across 10 funding rounds from investors including Tencent, OurCrowd and BlackRock. The company has 464 employees. IQM was last valued at $1 billion in September 2025. Its chief executive is Jan Goetz. Its website meetiqm.com draws about 82 thousand monthly visits. IQM offers products and services including IQM Spark, IQM Radiance, and IQM Cloud. Its focus areas include Semiconductors, Digital ICs, Microprocessors and Quantum Computing. Its competitors include Seeqc, Xanadu, C12 Quantum Electronics, Delft Circuits and Photonic and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Espoo, Finland
- Employees 464
- Founders Jan Goetz
- Stage Unicorn
- SectorsTechnology
- Email••••••••
- Website meetiqm.com
- Social LinkedIn X Facebook
- Annual Revenue$35.42 M (USD)0as on Dec 31, 2025
- Net Profit-$61.48 M (USD)0as on Dec 31, 2025
- EBITDA-$61.11 M (USD)0as on Dec 31, 2025
- Total Equity Funding$600M (USD)
in 10 rounds
- Latest Funding Round$57.53M (USD), Debt – Conventional
Mar 2026
- InvestorsTencent
& 26 more
- Employee Count464
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.
Funding Insights of IQM
IQM has successfully raised a total of $600M 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.
- Total Funding $600M
- Total Rounds 10
- Last Round Debt – Conventional — $57.53M
- First Round $13M
(Jul 2019)
- Investors Count 27
All 10 funding rounds of IQM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $57.53M | Debt – Conventional | – | – | |
| Sep 2025 | $320M | Series B | – | Ten Eleven Ventures | |
| Jul 2022 | $51,127 | Grant | – | – | |
| Jul 2022 | $130.59M | Series A | – | World Fund | |
| Apr 2022 | $37.07M | Debt – Conventional | – | – | |
| Nov 2020 | $46.26M | Series A | – | MIG Capital | |
| Aug 2020 | $2.94M | Grant | – | – | |
| Jun 2020 | $2.84M | Grant | – | – | – |
| Jun 2020 | $17.04M | Series A | – | – | – |
| Jul 2019 | $13M | Seed | – | Maki, OpenOcean |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of IQM
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $1B (Sep 2025). 27 investors in total: 27 institutional.
Investors in IQM
IQM has secured backing from 27 investors, including venture fund and institutional investors. Prominent investors backing the company include Tencent, OurCrowd and BlackRock.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
World Fund is recognized as a leading European climate tech venture capital fund. | – | worldfund.vc | Europe | |
High-tech industries are targeted for investments by Bayern Kapital. | – | bayernkapital.de | Landshut, Germany | |
Tofino Capital is focused on investing in frontier markets and technology. | – | tofinocap.com | - | |
A venture capital firm based in Helsinki, Finland, is operated. | – | maki.vc | Helsinki, Finland | |
Investments are directed by Salvia into tech and science sectors. | – | salvia.de | Holzkirchen, Germany | |
Private equity investment firm | – | tesi.fi | Helsinki, Finland | |
Vsquared Ventures is engaged in technology-focused venture capital investments. | – | vsquared.vc | Munich, Germany | |
- | – | santoventurecapital.tcc.mode | - | |
VC Firm funding companies in Europe | – | mig.ag | Munich, Germany |
Investor details for IQM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of IQM
92 people are tracked at IQM (21 in leadership, 2 in board & advisors, 69 in team); the tracked headcount is 464.
| Name | Role | Group |
|---|---|---|
Jan Goetz | Co-Founder & CEO | Leadership |
Mikko Möttönen | Chief Scientist | Leadership |
Kuan Yen Tan | CTO & Board Member | Leadership |
Juha Vartiainen | COO | Leadership |
Martin Leib | Head Of Algorithm And Error Control Department | Leadership |
Dr. Peter Eder | Global Head Of Strategic Partnerships | Leadership |
John B. | Director Of Business Development | Leadership |
Markus Bendele | Country Manager / Managing Director IQM Germany | Leadership |
Pia Suvanto | Head Of Production | Leadership |
Juha Tuomola | Head Of System Engineering | Leadership |
Janne Mäntylä | Head Of Software Development | Leadership |
Juha Hassel | VP Engineering | Leadership |
Dr. Jorge Tiago S. | Director Corporate Development | Leadership |
Tomi Riipinen | Vice President, Quantum Systems | Leadership |
Jouni Flyktman | Vice President Defence And Security | Leadership |
Toni Pesonen | Head Of Security | Leadership |
Sylwia Barthel de Weydenthal | Chief Commercial Officer (cco) | Leadership |
Stephanie Cheylan | Head Of IP | Leadership |
Andreas Theer | Head Of Global Marketing | Leadership |
Birke Elf | Personal Assistant To The CEO | Leadership |
72 more people are available in the full profile.
Complete people profiles for IQM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of IQM
4 dated milestones of IQM across 8 years, from founding to its latest funding, stage changes and deals.
- Founded IQM is founded.
- Funding First funding round of $13.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Debt – Conventional, of $57.5M.
Competitors of IQM
IQM has 9 listed competitors in our database, 9 of them funded. They include Seeqc, Xanadu, C12 Quantum Electronics, Delft Circuits and Photonic, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| seeqc.com | 2019 | Elmsford, United States | $64.26M | 13 | System-on-chips for quantum computing applications are provided. | |
| xanadu.ai | 2016 | Toronto, Canada | $250M | 122 | Xanadu is involved in unspecified technology or AI solutions. | |
| c12qe.com | 2019 | Paris, France | $29.31M | – | Manufacturer of application-specific integrated circuits for quantum computing applications | |
| delft-circuits.com | 2016 | Delft, Netherlands | $6.76M | – | Superconducting circuits and cryogenic solutions for quantum computing are developed. | |
| photonic.com | 2013 | Vancouver, Canada | $342.36M | – | Provider of silicon integrated photonics and quantum optics | |
| nordquantique.ca | 2020 | Sherbrooke, Canada | $7.47M | – | Superconducting qubits are manufactured for error-correcting quantum computing. | |
| sparrowquantum.com | 2015 | Copenhagen, Denmark | $28.7M | 28 | Photonic integrated circuits for single-photon generation are provided. | |
| quantware.com | 2020 | Delft, Netherlands | $32.91M | – | Provider of designing, developing, and fabricating state-of-the-art superconducting quantum hardware for building scalable quantum computers | |
| quixquantum.com | 2019 | Enschede, Netherlands | $23.25M | – | Photon-powered quantum computing processors are designed and developed. |
Detailed competitors of IQM
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of IQM
The website of IQM (meetiqm.com) receives about 82.2K visits a month.
- Monthly visits82.2K
▼ 3.2% vs previous month
Websites whose visitors overlap most with IQM. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ionq.com | 100% | 321.8K | #190,698 | View details | |
qt.eu | qt.eu | 97% | – | #486,720 | – |
| quantumai.google | 96% | – | #338,736 | View details | |
quantumzeitgeist.com | quantumzeitgeist.com | 93% | – | #314,296 | – |
| qureca.com | 92% | 21.5K | #1,212,549 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for IQM
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- 13 similar websites
- Audience overlap
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Top companies in Neuromorphic & Quantum Computing
10 companies that operate in the same segment as IQM (Neuromorphic & Quantum Computing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Full-stack quantum computing solutions using superconducting qubits are developed. | 2013 | Berkeley, California, United States | USD 195.62 M | USD 7.09 M | 140 | |
Photon-based universal quantum computers are developed for error correction. | 2015 | Palo Alto, California, United States | USD 2.32 B | USD 1.04 M | 672 | |
Universal quantum computers using trapped-ion technology are provided via cloud. | 2015 | College Park, Maryland, United States | USD 86 M | USD 43.07 M | 407 | |
Cloud-based quantum cryptography solutions for secure communication are developed. | 2016 | Bengaluru, Karnataka, India | USD 43.65 M | USD 102.62 K | 58 | |
Integrated universal quantum computers and software are developed. | 1999 | Burnaby, British Columbia, Canada | USD 210.36 M | USD 8.83 M | 220 | |
Universal quantum computers are developed using optically trapped neutral atoms. | 2018 | Berkeley, California, United States | USD 201.2 M | – | – | |
System-on-chips for quantum computing applications are provided. | 2019 | Elmsford, New York, United States | USD 64.26 M | – | 13 | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Quantum computers are provided using superconducting qubits and trapped ions. | 2019 | Harrogate, United Kingdom | USD 38.76 M | – | 13 | |
Quantum encryption-based data security solutions are provided. | 2008 | Canberra, Australian Capital Territory, Australia | USD 52.66 M | – | – |
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Related news about 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. It is registered at Espoo, Uusimaa, 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 $600M across 10 funding rounds to date. The company's 1st funding round was a Seed of $13M, raised on Jul 2019.
IQM has 464 employees.
Annual revenue of IQM is $35.42M as on Dec 31, 2025.
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 27 investors. Key investors include Tencent, OurCrowd, BlackRock, OpenOcean, and European Union.
The valuation of IQM is $1B as of Sep 2025.