15.4.2026
In the era of accelerated AI and big data development quantum computing becomes the key for the future. One of the leading quantum computer producers in Europe is IQM, a high tech company established in Espoo, Finland in 2018. The company is specialized in building full-stack, open-architecture quantum systems that can be deployed on-premise or accessed via the cloud. The company has been growing fast and the turnover reached 30 million euros in 2025.
IQM raised a record funding last year: $320 million in a Series B funding round in September 2025, which valued the company at $1 billion. The round was led by Ten Eleven Ventures, a U.S. cybersecurity-focused investment firm, while Finnish venture capital firm Tesi also invested.
IQM is also planning to get listed in New York via SPAC arrangement merging with Real Asset Acquisition Corp. In addition the company is planning to get listed also Nasdaq Helsinki still during 2026.
IQM quantum computers are already present also in the Italian market. The Italian supercomputing centre CINECA in Bologna has intalled the most powerful quantum computer in Italy in 2025. IQM Radiance quantum computer, powered by IQM’s 54-qubit quantum processing unit (QPU), was installed integrated into Leonardo, which is one of the world’s fastest supercomputers. This will mark a major technology and innovation milestone for Italy and the larger quantum ecosystem.
More info: meetiqm.com/press-releases
