Finland-based IQM Raises €50M Financing To Accelerate Global Growth

The funding is aimed at supporting the company’s continued expansion and strengthening its position in the global quantum computing market.

The facility was arranged ahead of IQM’s previously announced plan to become Europe’s first publicly listed quantum computing company through a merger with Real Asset Acquisition Corp. It is expected to lower the company’s overall cost of capital while improving financial flexibility and capital structure diversification.

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IQM develops full-stack superconducting quantum computers and offers both on-premises systems and cloud access to research institutions, universities, high-performance computing centres, and national laboratories. Its approach allows organisations to directly operate and manage their own quantum computing infrastructure.

The financing package comes at a pivotal time for IQM, as we build momentum for our next phase of growth.
This financing further strengthens our capital structure, increasing the resources available to execute on our technology vision and expand into new markets. said Jan Goetz, CEO and co-founder of IQM.

With rising global demand for on-premises quantum systems, the company is positioning itself to drive enterprise adoption of quantum computing and quantum AI technologies. Its strategy combines hardware innovation, cloud access, strong industry partnerships and ecosystem growth, with a long-term goal of achieving fault-tolerant quantum computing.

The funding will be used to speed up IQM’s technology development, expand research and development efforts, and support expansion into new markets, further strengthening its capabilities in superconducting quantum systems.

About IQM Quantum Computers

IQM Quantum Computers is a global leader in quantum computing, founded in 2018. The company is pioneering superconducting quantum technologies and building advanced quantum systems. IQM empowers high-performance computing centers, universities, enterprises and researchers with powerful tools to accelerate innovation and push the boundaries of science and technology.