About QMill
QMill is a company based in Espoo (Finland) founded in 2024 by Ville Kotovirta and Hannu Kauppinen. QMill has raised $4.5 million across 1 funding round from investors including Maki.vc, Antler and Kvanted. QMill offers products and services including Quantum-Advantage Algorithms. QMill operates in a competitive market with competitors including Terra Quantum, Aliro Technologies, Quantagonia, QuantumLeap and Black Brane, among others.
- Headquarter Espoo, Finland
- Founders Ville Kotovirta, Hannu Kauppinen
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Qmill Oy
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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
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Seed
Sep 17, 2024
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Investors
Maki.vc
& 2 more
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Employee Count
Not available
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Products & Services of QMill
QMill offers a comprehensive portfolio of products and services, including Quantum-Advantage Algorithms.
Algorithms for solving complex problems on near-term quantum computers.
Funding Insights of QMill
QMill has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.5 million completed in September 2024. 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 QMill
QMill has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Maki.vc, Antler and Kvanted.
| Investor | Description | Founded Year | Domain | Location |
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A venture capital firm based in Helsinki, Finland, is operated.
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Early-stage investing and founder support services are offered globally by Antler.
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Early-stage industrial tech startups are supported by Kvanted.
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Investor details for QMill
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Investments & Acquisitions by QMill
Investment portfolio details for QMill
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Financial Statements - QMill
Detailed financials for QMill
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Qmill Comparisons
Peer comparison for QMill
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Competitors of QMill
QMill 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 Terra Quantum, Aliro Technologies, Quantagonia, QuantumLeap and Black Brane, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of quantum as a service platform
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Provider of cloud-based platform to access quantum computers
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Developer of a cloud and AI-powered quantum computing platform as a service
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An open-source platform for quantum computing services is offered.
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Virtual quantum computers are developed and provided by Black Brane.
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Detailed competitors of QMill
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Latest news on Qmill
Complete news archive for QMill
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Frequently Asked Questions about QMill
QMill was founded in 2024.
QMill is headquartered in Espoo, Finland.
Hannu Kauppinen is the current CEO of QMill. They have also founded this company.
QMill is a funded company, having raised a total of $4.5M across 1 funding round to date.
QMill was founded in 2024 in Espoo, Finland, as a provider of quantum computing solutions. Focus is placed on developing new algorithms tailored for the noisy intermediate-scale quantum era. Operations are conducted within the technology sector, with services aimed at enabling practical quantum advantage. Leadership is handled by co-founders Hannu Kauppinen as CEO and Ville Kotovirta as CTO. The companys domain is qmill.com.
QMill's top competitors include Aliro Technologies, Terra Quantum and Quantagonia.
QMill offers Quantum-Advantage Algorithms.