IQM Quantum Computers
Finnish quantum-computing hardware company building full-stack superconducting quantum computers.
IQM delivers full-stack superconducting quantum computers (hardware, software, and algorithms) for high-performance computing centers, universities, research labs, and enterprises. Spun out of quantum-computing research at Aalto University and VTT in 2018 by co-founders Dr. Jan Goetz (CEO), Prof. Mikko Möttönen (Chief Scientist), Dr. Kuan Yen Tan, and Dr. Juha Vartiainen (COO). Headquartered in Espoo, Finland, with additional offices in Munich, Madrid, Paris, Singapore, Seoul (opened June 2025, IQM's second APAC office after Singapore), and Maryland, USA — roughly 420 employees as of July 2026, about two-thirds in Finland and 100 in Munich. IQM completed a SPAC merger with Real Asset Acquisition Corp. in June 2026, beginning trading on Nasdaq as IQMX. The company holds EuroHPC Joint Undertaking procurement contracts to deliver national quantum computers in Czechia, Germany, France, Italy, Poland, and Spain — including Germany's 'Euro-Q-Exa' system (€25M, co-funded by EuroHPC JU, German BMBF, and the Bavarian State Ministry, hosted at the Leibniz Supercomputing Centre) — and deployed a quantum computer at the US Department of Energy's Oak Ridge National Laboratory.
Overview
- Headquarters
- Espoo, Finland
- Founded
- 2018
- Employees
- ~420 (per TechCrunch, July 2026)
- Total funding
- ~$600M raised pre-IPO (through Sept 2025 Series B); completed SPAC merger with Real Asset Acquisition Corp. in June 2026, including a $134M PIPE, at a ~$1.8B pre-money valuation, and began trading on Nasdaq as IQMX
- Stage
- Public
- Status
- public
- Domains
- Quantum computing hardware, Superconducting qubits, Full-stack quantum systems
- Website
- www.iqm.tech
Founders4
- FounderJan GoetzCEO and co-founder of IQM Quantum Computers. PhD in quantum physics; co-founded IQM in 2018 as a spinout of Aalto University and VTT research.
- FounderMikko MöttönenChief Scientist and co-founder of IQM Quantum Computers. Professor and PhD in quantum physics; co-founded IQM in 2018 as a spinout of Aalto University and VTT research.
- FounderKuan Yen TanCo-founder of IQM Quantum Computers. PhD in quantum physics; co-founded IQM in 2018 as a spinout of Aalto University and VTT research.
- FounderJuha VartiainenCOO and co-founder of IQM Quantum Computers. PhD in quantum physics; co-founded IQM in 2018 as a spinout of Aalto University and VTT research.
Investors12
- FundTesiFinnish state investment company; participated in Kelluu's €15M Series A.
- FundMaki.vcHelsinki-based early-stage venture capital firm; co-led Distance Technologies' $2.7M pre-seed round (June 2024) and returned as a participant in its €10M GV-led seed round (September 2024).
- FundVsquared VenturesMunich-based early-stage VC investing in capital-intensive European deep tech, including space, robotics, and new computing.
- FundMatadero QEDVenture capital firm; participated in IQM Quantum Computers' seed round (2019).
- FundMIG FondsGerman venture capital firm; led IQM Quantum Computers' €39M Series A (November 2020).
- FundOpenOceanVenture capital firm; participated in IQM Quantum Computers' seed and Series A rounds.
- FundVito VenturesDeep-tech venture capital firm; participated in IQM Quantum Computers' seed and Series A rounds.
- FundTencentChinese technology conglomerate; participated in IQM Quantum Computers' €39M Series A (November 2020) as a strategic investor.
- FundSalviaVenture capital firm; participated in IQM Quantum Computers' €39M Series A (November 2020).
- FundSanto Venture CapitalVenture capital firm; participated in IQM Quantum Computers' €39M Series A (November 2020).
- FundTen Eleven VenturesCybersecurity-focused venture capital firm; led IQM Quantum Computers' $320M+ Series B (September 2025).
- FundBlackRockGlobal asset manager; invested €50M in IQM Quantum Computers (March 2026) ahead of its US listing.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
Raised per round
Percentages marked ~ are not disclosed. Some are a generic VC-pattern model (founders/team weighted heaviest, option pool lightest, other holders evenly) sized to whatever's left undisclosed — a standard industry shape, not this company's actual cap table.
| Holder | Instrument | Ownership |
|---|---|---|
| Preferred (Series B) | ~50.0% | |
| Preferred (Series B, Lead) | ~50.0% |
Contracts2
- ContractEuro-Q-Exa Quantum Computer — Germany€25M procurement contract for IQM to deliver Germany's 'Euro-Q-Exa' quantum computer, co-funded by the EuroHPC Joint Undertaking, German BMBF, and the Bavarian State Ministry, hosted at the Leibniz Supercomputing Centre alongside SuperMUC-NG; a 54-qubit system is planned for 2H2025, scaling to 150 qubits by end of 2026.
- ContractOak Ridge National Laboratory Quantum Computer DeploymentIQM quantum computer deployed at Oak Ridge National Laboratory, a US Department of Energy national laboratory.
Frequently asked
- What does IQM Quantum Computers do?
- IQM delivers full-stack superconducting quantum computers (hardware, software, and algorithms) for high-performance computing centers, universities, research labs, and enterprises. Spun out of quantum-computing research at Aalto University and VTT in 2018 by co-founders Dr. Jan Goetz (CEO), Prof. Mikko Möttönen (Chief Scientist), Dr. Kuan Yen Tan, and Dr. Juha Vartiainen (COO). Headquartered in Espoo, Finland, with additional offices in Munich, Madrid, Paris, Singapore, Seoul (opened June 2025, IQM's second APAC office after Singapore), and Maryland, USA — roughly 420 employees as of July 2026, about two-thirds in Finland and 100 in Munich. IQM completed a SPAC merger with Real Asset Acquisition Corp. in June 2026, beginning trading on Nasdaq as IQMX. The company holds EuroHPC Joint Undertaking procurement contracts to deliver national quantum computers in Czechia, Germany, France, Italy, Poland, and Spain — including Germany's 'Euro-Q-Exa' system (€25M, co-funded by EuroHPC JU, German BMBF, and the Bavarian State Ministry, hosted at the Leibniz Supercomputing Centre) — and deployed a quantum computer at the US Department of Energy's Oak Ridge National Laboratory.
- Where is IQM Quantum Computers headquartered?
- IQM Quantum Computers is headquartered in Espoo, Finland and was founded in 2018.
- How much funding has IQM Quantum Computers raised?
- IQM Quantum Computers has raised ~$600M raised pre-IPO (through Sept 2025 Series B); completed SPAC merger with Real Asset Acquisition Corp. in June 2026, including a $134M PIPE, at a ~$1.8B pre-money valuation, and began trading on Nasdaq as IQMX in disclosed funding.
- What does IQM Quantum Computers specialize in?
- IQM Quantum Computers works across Quantum computing hardware, Superconducting qubits, Full-stack quantum systems.
- Does IQM Quantum Computers hold government contracts?
- Defense Tech Atlas links IQM Quantum Computers to 2 government contracts and 1 program.
Sources & citations9
9 sources behind every claim
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