Funding rounds
Announced	Stage	Amount	Valuation	Lead investors	Other investors	Confidence
Jul 1, 2026	Growth	$146M	—	—	Ilmarinen Mutual Pension Insurance Company	Confirmed
Jul 1, 2026	SPAC	$234M	$1.80Bpre	—	—	Confirmed
Mar 30, 2026	Debt	$50.0M	—	BlackRock	—	Reported
Sep 3, 2025	Series B	$320M	$1.00B?	Ten Eleven Ventures	Bayern Kapital, EIC Fund, Elo Mutual Pension Insurance Company, Schwarz Group, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Winbond Electronics	Confirmed
Jul 15, 2022	Series A	$130M	—	World Fund	Bayern Kapital, EIC Fund, Maki.vc, MIG Fonds, Tencent, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Vsquared Ventures	Reported
Apr 28, 2022	Debt	€35.0M	—	European Investment Bank	—	Confirmed
Nov 9, 2020	Series A	$46.0M	—	MIG Fonds	Maki.vc, Tencent, Tesi (Finnish Industry Investment), Vito Ventures, Vsquared Ventures	Reported
Jun 11, 2020	Grant	€2.5M	—	European Innovation Council	—	Confirmed
Jul 9, 2019	Seed	~€11.5M	—	—	Maki.vc, MIG Fonds, Tesi (Finnish Industry Investment), Vito Ventures	Reported

Growth
With Ilmarinen Mutual Pension Insurance Company
Confirmed
$146M
Jul 1, 2026
SPAC
Valuation $1.80Bpre
Confirmed
$234M
Jul 1, 2026
Debt
Led by BlackRock
$50.0M
Mar 30, 2026
Series B
Led by Ten Eleven Ventures
With Bayern Kapital, EIC Fund, Elo Mutual Pension Insurance Company, Schwarz Group, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Winbond Electronics
Valuation $1.00B?
Confirmed
$320M
Sep 3, 2025
Series A
Led by World Fund
With Bayern Kapital, EIC Fund, Maki.vc, MIG Fonds, Tencent, Tesi (Finnish Industry Investment), Varma Mutual Pension Insurance Company, Vsquared Ventures
$130M
Jul 15, 2022
Debt
Led by European Investment Bank
Confirmed
€35.0M
Apr 28, 2022
Series A
Led by MIG Fonds
With Maki.vc, Tencent, Tesi (Finnish Industry Investment), Vito Ventures, Vsquared Ventures
$46.0M
Nov 9, 2020
Grant
Led by European Innovation Council
Confirmed
€2.5M
Jun 11, 2020
Seed
With Maki.vc, MIG Fonds, Tesi (Finnish Industry Investment), Vito Ventures
~€11.5M
Jul 9, 2019

Totals add known amounts using recorded USD conversions where available; other currencies are shown separately. A ~ marks an estimated amount.

Sources13

Profile2

1
CompanyIQM Quantum Computers - Built for Real Impact
IQM Quantum Computers · Supports Organization · description, Organization · name, Organization · website
“IQM builds superconducting full-stack quantum computers with up to 150 high-fidelity qubits and the highest connectivity out there.”
2
DatabaseSixth-Domain public startup directory
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Finland", "hq_iso2": "FI", "id": "3a40847c-57cd-4a2c-a0e9-af5c7e7e4cda"}”

Funding11

3
Regulatory filingIQM Quantum Computers and Real Asset Acquisition Corp. complete the combination
IQM Quantum Computers (stock exchange release via Stock Titan) · Jul 1, 2026 · Supports Funding round · amount
“IQM received net proceeds of approximately EUR 198.7 million (USD 233.5 million) in the Business Combination and PIPE Investment”
4
CompanyIQM and Real Asset Acquisition Corp. Announce Upsized USD 146 million PIPE with New Commitment from Ilmarinen
Financial Post / Business Wire · Jun 2, 2026 · Supports Funding round · post money valuation usd
“The transaction values IQM at a pre-money equity valuation of approximately USD 1.8 billion”
5
NewsQuantum computing firm IQM secures $50m financing from BlackRock
DatacenterDynamics · Mar 30, 2026 · Supports Funding round · amount
“IQM Quantum Computers has secured a $50 million financing package from funds managed by BlackRock.”
6
NewsFinland's IQM to become one of Europe's first listed quantum companies at $1.8 billion valuation
CNBC · Feb 23, 2026 · Supports Funding round · post money valuation usd
“which valued the company at $1 billion”
7
CompanyIQM Quantum Computers Raises over $300 Million in Series B Funding Round Led by U.S. Investor Ten Eleven Ventures
IQM Quantum Computers · Sep 3, 2025 · Supports Funding round · amount
“has raised $320 Million (€275 Million) in venture capital”
8
NewsVC World Fund leads 128 million Euro Series A2 for quantum computer IQM
FYB Financial Yearbook · Jul 27, 2022 · Supports Funding round
“has raised €128 million in a Series A2 financing round”
9
NewsIQM Quantum Computers raised €128 million ($128m) in Series A2 funding led by World Fund.
Nordic9 · Jul 15, 2022 · Supports Funding round · amount
“completed a financing round closed at €128 million ($130 million) and dubbed series A2”
10
CompanyIQM’s quantum computers: €35 million boost from the EIB
IQM Quantum Computers (Wayback Machine) · Apr 28, 2022 · Supports Funding round · amount
“has granted €35 million to IQM Quantum Computers”
11
NewsIQM raised €39 million in a Series A round led by MIG Fonds and including Tencent, Vsquared, Salvia and Santo Venture Capital.
Nordic9 · Nov 9, 2020 · Supports Funding round · amount
“completed a funding round of €39 million ($46 million)”
12
CompanyEuropean Deep-tech Champion IQM Receives More Than €20M of New Funding
PR Newswire · Jun 11, 2020 · Supports Funding round · amount
“was just awarded a €2.5M grant and up to €15M of equity investment from the EIC Accelerator program”
13
NewsFinnish hardware startup IQM raises more than €11 million in seed funding to take quantum computing to the next level
Tech.eu · Jul 9, 2019 · Supports Funding round · amount
“nearly €11.5 million in seed financing”

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