

Startup · Finland
Arctic Instruments
HQ Espoo, FinlandFounded 202411-50 employeesUpdated
Microwave readout solutions for quantum tech developers.
Funding1 round · ~$2.5M
- Equity raised
- ~$2.5M
- Latest
- ~$2.5MSeed · Dec 10, 2024
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Dec 10, 2024 | Seed | ~$2.5M | — | Lifeline Ventures | — | Reported |
- SeedLed by Lifeline Ventures~$2.5MDec 10, 2024
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems2
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
People3
| Person | Role |
|---|---|
| Joonas Govenius · LinkedIn ↗ | Co-Founder & CEO |
| Mário Ribeiro · LinkedIn ↗ | Co-Founder & COO |
| Visa Vesterinen · LinkedIn ↗ | Co-Founder & CTO |
Sources9
Profile4
- 1
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url
“employee_range: 11-50 (profile: 13)”
- 2
Defence Finance Monitor · Supports Organization · name
“Arctic Instruments Oy is an emerging deep-tech company at the forefront of Europe’s quantum technology revolution. Founded as a spin-off”
- 3
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Finland", "hq_iso2": "FI", "id": "9b8bed6c-61d0-43f2-86e0-f3f766b12acb"}”
- 4
LinkedIn · Supports Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url
“employee_range: 11-50 (profile: 11-50 employees)”
Systems2
- 5
Arctic Instruments · Supports Organization · description, Organization · name, Organization · website, System
“Microwave readout solutions for quantum tech developers. Our flagship product is a near-quantum-limited amplifier designed for high-fidelity qubit readout.”
- 6
Arctic Instruments · Supports System
“Arctic Instruments announces the release of **AI-TWPA-C-M**, a compact, pre-assembled travelling wave parametric amplifier (TWPA) module designed for cryogenic microwave readout applications. ”
Funding2
- 7
FinSMEs · Dec 10, 2024 · Supports Funding round · amount, Organization · ownership
“raised EUR 2.35M in funding”
- 8
Nordic9 · Dec 8, 2024 · Supports Funding round
“Arctic Instruments in a $2.5 million pre-seed round led by Lifeline Ventures”
People1
- 9
Crunchbase · Supports Organization · hq city, Organization · linkedin url, Role
“hq_city: Espoo”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.
