Address
IQM Finland OY
Espoo
Finland
IQM Quantum Computers SL
Madrid Madrid
Spain
Website
VCID: 1028976
Profile
Corporate information
Official name
IQM Finland OY
Registration country
Official name
IQM Finland OY
Registration country
Investment activity status
Active investor
Company type
Developing the first fault-tolerant scalable quantum computing solution.Overview
IQM is a quantum computing company building scalable hardware for universal quantum computers with a focus on superconducting technology. The company is deeply routed in leading international research and technology communities. They are representative for a second generation of quantum computing firms paving the way for a second generation of quantum computing platforms.
Funding
Funding rounds
Series A EUR 128,000,000
USD 128,000,000 (22 Jul 2022)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
WF World Fund Management GmbH | Initial investment. Led the round. | ||
|
Bayern Kapital GmbH | The venture capital organisation of the Free State of Bavaria. | Germany | Initial investment. Round participant. |
|
European Innovation Council Fund | Belgium | Initial investment. Round participant. | |
|
Matadero QED LLC | United States | Initial investment. Round participant. | |
|
Open Ocean Partners Oy | Finland | Initial investment. Round participant. | |
|
OurCrowd | Initial investment. Round participant. | ||
|
QCI SPV | Initial investment. Round participant. | ||
|
Salvia GmbH | Germany | Initial investment. Round participant. | |
|
Santo Venture Capital GmbH | Initial investment. Round participant. | ||
|
Tencent Holdings Ltd | Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. | China | Initial investment. Round participant. |
|
Tofino Capital | Initial investment. Round participant. | ||
|
Varma Mutual Pension Insurance Co | Finland | Initial investment. Round participant. | |
|
Vsquared Ventures Management GmbH | Early-stage investors in deep-tech companies tackling society's most pressing challenges, with an emphasis on quantum and novel computing. | Germany | Initial investment. Round participant. |
|
Finnish Industry Investment Ltd | Investment company owned by the Finnish government | Finland | Follow-on investment. Round participant. |
|
Maki.vc | Follow-on investment. Round participant. | ||
|
MIG Fonds | Germany | Follow-on investment. Round participant. |
Seed USD 13,000,000
USD 13,000,000 (12 Jul 2019)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Finnish Industry Investment Ltd | Investment company owned by the Finnish government | Finland | Initial investment. Round participant. |
|
|
Maki.vc | Initial investment. Round participant. | ||
|
|
Matadero QED LLC | United States | Initial investment. Round participant. | |
|
|
MIG Fonds | Germany | Initial investment. Round participant. | |
|
OpenOcean | Aggregator that compares platforms to find the best yields for crypto lenders. | Initial investment. Round participant. | |
|
Vito Ventures | Early stage venture capital firm focused technology-driven companies around the globe. | Germany | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Bayern Kapital GmbH The venture capital organisation of the Free State of Bavaria. |
Series A | |
|
|
European Innovation Council Fund |
Series A | |
|
|
Finnish Industry Investment Ltd Investment company owned by the Finnish government |
+358 (9) 680-3680 |
Seed Series A |
|
|
Maki.vc |
Seed Series A |
|
|
|
Matadero QED LLC |
(650) 947-4059 |
Seed Series A |
|
|
MIG Fonds |
Seed Series A |
|
|
|
Open Ocean Partners Oy |
Series A | |
|
|
OpenOcean Aggregator that compares platforms to find the best yields for crypto lenders. |
Seed | |
|
|
OurCrowd |
Series A | |
|
|
QCI SPV |
Series A | |
|
|
Salvia GmbH |
Series A | |
|
|
Santo Venture Capital GmbH |
Series A | |
|
|
Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen. |
Series A | |
|
|
Tofino Capital |
Series A | |
|
|
Varma Mutual Pension Insurance Co |
Series A | |
|
|
Vito Ventures Early stage venture capital firm focused technology-driven companies around the globe. |
Seed | |
|
|
Vsquared Ventures Management GmbH Early-stage investors in deep-tech companies tackling society's most pressing challenges, with an emphasis on quantum and novel computing. |
Series A | |
|
|
WF World Fund Management GmbH |
Series A |