When was IQM founded?

IQM was founded in 2018 and became a unicorn in 2025.

Where is IQM located?

IQM is headquartered in Espoo, Finland. It is registered at Östgötagatan 16, SE-116 25 STOCKHOLM.

Who is the current CEO of IQM?

Jan Goetz of IQM. They have also founded 1 company and are angel investors in 2 startups.

How many employees does IQM have?

As of May 31, 2026, the latest employee count at IQM is 399.

Is IQM a funded company?

IQM is a funded company, having raised a total of $600M across 10 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Grant (prize money) round.

How much is IQM worth?

The latest valuation of IQM is $1B as of Sep 03, 2025.

When was the latest funding round of IQM?

IQM's latest funding was a $57.5M Conventional Debt round on Mar 30, 2026, with participation from 1 investor.

What is the annual revenue of IQM?

Annual revenue of IQM is between €10M and €50M as on Dec 31, 2025

Is IQM a Quantum Computing company?

The primary sectors of IQM are Quantum Computing and Digital ICs.

Where does IQM rank among its competitors?

IQM ranks 1st amongst 24 active competitors, of which 14 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Nord Quantique, which secured $30M in May, 2026.

Who are the top competitors of IQM?

IQM's top competitors include Seeqc, Xanadu and QuantWare. Among them, Nord Quantique secured the most recent funding round in May, 2026.

IQM - 2026 Company Profile, Team, Funding & Competitors

IQM is a series B company based in Espoo (Finland), founded in 2018 by Jan Goetz and Juha Vartiainen. It operates as a Developer of superconducting quantum computers. IQM has raised $600M in funding from investors like MIG Capital, Ten Eleven Ventures and Vito Ventures, with a current valuation of $1B. The company has 24 active competitors, including 14 funded and 1 that has exited. Its top competitors include companies like Seeqc, Xanadu and QuantWare.

Sectors and market segments that IQM operate in

IQM serves in the High Tech, Semiconductors market segments.The primary business model of IQM are:

Company Details

Developer of superconducting quantum computers. Its features include quantum processors with on-chip components that increase QPU clock speed for error correction, as well as application-specific processors and quantum operations.

Website: meetiqm.com
Social
Email ID: *****@meetiqm.com
Registered Address: Östgötagatan 16, SE-116 25 STOCKHOLM

Key Metrics

Founded Year

2018

Location

Espoo, Finland

Stage

Series B

Total Funding

$600M in 10 rounds

Latest Funding Round

Conventional Debt, Mar 30, 2026, $57.5M

Post Money Valuation

$1B as on Sep 03, 2025

Investors

MIG Capital & 27 more

Ranked

1^st among 24 active competitors

Annual Revenue

€10M - €50M as on Dec 31, 2025

Employee Count

399 as on May 31, 2026

Investment & Acquisitions

Aegiq & 1 more

Similar Companies

Seeqc & 23 more

View IQM's full profile

IQM is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IQM Quantum Computers Oyj CIN: 2912625-6 , Finland, Active	May 31, 2018	€10M - €50M (As on Dec 31, 2025)	-	-
AREON TECHNOLOGY QUANTUM, s.r.o. CIN: 19621817 , Czech Republic, Active	Aug 16, 2023	-	-
Q-Computer s.r.o. CIN: 17761891 , Czech Republic, Active	Nov 22, 2022	-	-
QM-Tech Robotics s.r.o. CIN: 02510871 , Czech Republic, Active	Jan 07, 2014	-	-
TEAMTAILOR AB CIN: 927876752 , Norway, Active	Jul 01, 2013	-	-

IQM has raised a total funding of $600M over 10 rounds. Its latest funding round was a Conventional Debt round on Mar 30, 2026 for $57.5M. 1 investor participated in its latest round. IQM has 28 institutional investors.

Here is the list of recent funding rounds of IQM:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2026	$57.5M	Conventional Debt	-	-	-	BlackRock
Sep 03, 2025	$320M	Series B	$1B	21.2x	Ten Eleven Ventures	Tesi, Elo, Varma, Winbond, EIC Fund, Bayern Kapital, Mail.schwarz
Jul 31, 2022	$51.1K	Grant (prize money)	-	-	-	EIC Fund

Access funding benchmarks and valuations. Sign up today!

View details of IQM's funding rounds and investors

The founders of IQM are Jan Goetz and Juha Vartiainen. Jan Goetz is the CEO of IQM.

Here are the details of IQM's key team members:

Jan Goetz: Co-Founder & CEO of IQM and founder of 1 other company. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Juha Vartiainen: Co-founder & Chief Global Affairs Officer & Board Member of IQM. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of IQM's Founder profiles and Board Members

IQM's employee count trend

IQM has 399 employees as of May 26. Here is IQM's employee count trend over the years:

Uncover IQM's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of IQM include Seeqc, Xanadu and QuantWare. Here is the list of Top 10 competitors of IQM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IQM 2018, Espoo (Finland), Series B	Developer of superconducting quantum computers	$600M	BlackRock, Ten Eleven Ventures & 26 others	76/100
2nd	Seeqc 2019, Elmsford (United States), Series A	Provider of system-on-chips for quantum computing applications	$64.3M	EQT, NordicNinja & 15 others	63/100
3rd	Xanadu 2016, Toronto (Canada), Public	Manufacturer of cloud and AI-based application-specific ICs for quantum computing applications	$250M	OMERS, Georgian & 25 others	62/100
4th	QuantWare 2021, Delft (Netherlands), Series B	Developer of superconducting quantum processors, amplifiers, and foundry services for quantum computing	$211M	FORWARD.one, InnovationQuarter & 11 others	59/100
5th	SparrowQuantum 2015, Copenhagen (Denmark), Series A	Developer of photonic quantum chip technology delivering single photons on demand	$60.7M	2xN, PensionDanmark & 14 others	57/100
6th	QuiX Quantum 2019, Enschede (Netherlands), Series A	Provider of photon-powered quantum computing processors	$23.2M	Invest-NL, FORWARD.one & 7 others	56/100
7th	EeroQ 2016, Brooklyn (United States), Series A	Provider of gate-based quantum processor chips for universal quantum computers	$7.25M	ASCENT, B Capital & 6 others	53/100
8th	Nord Quantique 2020, Sherbrooke (Canada), Series A	Manufacturer of superconducting qubits	$37.5M	Quantonation, BDC & 7 others	50/100
9th	Peak Quantum 2024, Garching (Germany), Seed	Company developing quantum processors based on superconducting qubits enabling applications in quantum computing and research	$5.86M	Cloudberry Ventures, QAi Ventures & 3 others	49/100
10th	C12 Quantum Electronics 2019, Paris (France), Series A	Developer of carbon-based quantum computing hardware using unique qubit connections	$29.3M	360 Capital Partners, Verve Ventures & 9 others	44/100