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IQM

Designs and manufactures full-stack superconducting quantum computers for research institutions, HPC centres and enterprises, available on-premises or via cloud.

Founded 2018201-500 employeesEspoo, Finland3 open positionsWebsiteLinkedIn

Quantum Technology

Products & Solutions

IQM Spark
A 5-qubit on-premises superconducting quantum computer designed for universities and research centres. It offers pulse-level control, single-qubit gate fidelity of 99.9% and two-qubit gate fidelity of 99.0%, allowing students and researchers to run real quantum experiments rather than simulators. Comes with educational materials and training support.
IQM Radiance
IQM's flagship on-premises quantum computing system for HPC centres and enterprises, currently available with 20 high-fidelity qubits and upgradeable to 54 qubits, with a roadmap to 150 qubits. Built for organisations that need dedicated quantum hardware under their own control rather than shared cloud access.
IQM Halocene
A modular, on-premises quantum computing platform aimed at quantum error correction research. Its flexible architecture lets research groups develop and own their results in error correction experiments, with the ability to customise the system to specific research workflows.
IQM Resonance
IQM's cloud quantum computing platform, giving researchers and developers remote access to multiple QPUs including 20-qubit, 24-qubit and 54-qubit systems. Compatible with popular frameworks such as Qiskit, Cirq and Cuda Quantum, with a free starter tier and pay-as-you-go options for broader access.

Videos

IQM Quantum Computers: Company Video

Introduction to IQM Quantum Computers - Dr. Jan Goetz, CEO and Co-Founder

Getting Started with IQM Resonance

About

IQM Quantum Computers, founded in 2018 and headquartered in Espoo, Finland, builds superconducting quantum computers from the chip up. The company handles the full hardware and software stack in-house, delivering systems that customers install and operate on-premises or access through IQM's cloud platform. With over 300 employees from 50+ nationalities, IQM has grown into one of Europe's largest quantum computing hardware companies and claims the top position for on-premises quantum computer deliveries globally.

Offices

Espoo, FinlandMunich, GermanyParis, FranceMadrid, SpainWarsaw, PolandSingapore, SingaporePalo Alto, United States

Backed by

Ten Eleven VenturesTesi (Finnish Industry Investment)World FundBlackRockElo Mutual Pension InsuranceVarma Mutual Pension InsuranceSchwarz GroupWinbond Electronics CorporationEIC FundBayern KapitalMaki.vcMatadero QEDMIG FondsOpenOceanOurCrowdTencentEuropean Investment Bank

Customers & Partners

Leibniz Supercomputing Centre (LRZ), MunichEuroHPC Joint Undertaking (Euro-Q-Exa project)CESGA / Telefonica (Spain)Cineca (Italy)Julich Supercomputing Centre (JSC)VTT Technical Research Centre of FinlandNVIDIA (CUDA Quantum integration)Hewlett Packard Enterprise (hybrid HPC-QC)AWS (cloud access)T-Systems (cloud access)Eviden / Atos

Timeline

2026-03
Secured €50 million in additional financing from BlackRock ahead of the planned NYSE listing.
2026-02
Announced a SPAC merger with Real Asset Acquisition Corp to become the first publicly listed European quantum computing company.
2025-09
Raised $320 million in Series B led by Ten Eleven Ventures, the largest quantum computing Series B outside the US, reaching unicorn status.
2022
Raised €128 million in Series A2 funding led by World Fund, the largest European quantum computing round at the time.
2020
Raised €39 million in Series A1 funding and delivered the first 5-qubit system to a customer.
2018
Founded in Espoo, Finland, and raised €11.4 million in seed funding.

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