Finnish IQM Quantum Computers secures €40M to expand production capacity for next-generation quantum systems
IQM Quantum Computers, a Finnish company specializing in full-stack superconducting quantum computers, announced over €40 million investment to expand its state-of-the-art production facility in Finland.
About IQM Quantum Computers
-
IQM Quantum Computers is a global leader in superconducting quantum computers, with headquarters in Finland. IQM based in Espoo and provides both on-premises full-stack quantum computers and a cloud platform to access its computers.
-
The company’s customers include the leading high-performance computing centers, research labs, universities and enterprises which have full access to IQM’s software and hardware.
-
IQM has a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States.
“By enhancing our fabrication capabilities to produce large-scale quantum chips for error-correction technology, we will not only better serve our customers but also reinforce our leadership in superconducting quantum computing,” said Jan Goetz, Co-CEO and Co-founder of IQM.
Investment details
The expansion aligns with the company’s recent Series B fundraise of over $300 million, led by Ten Eleven Ventures, with an increased commitment from Tesi.
- The new funding will be used to expand IQM’s production capacity by building a larger facility with additional cleanrooms, assembly lines, and quantum data-centre infrastructure.
- This will accelerate the development, manufacturing, and testing of advanced quantum processors and full-stack quantum computers, supporting the company’s roadmap toward fault-tolerant systems by 2030.
- The investment also covers new equipment, increased output capacity, and sustainability upgrades, including emission-reduction systems and fully renewable heating.
Powered by WPeMatico
https://en.ain.ua/2025/12/01/iqm-quantum-computers-secures-eur40m/