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 Mar 31, 2026, the latest employee count at IQM is 377.

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.

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 15 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was IQM, which secured $57.5M in Mar, 2026.

Who are the top competitors of IQM?

IQM's top competitors include Photonic, Seeqc and Xanadu. Among them, IQM secured the most recent funding round in March, 2026.

IQM - 2026 Company Profile, Team, Funding & Competitors

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
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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

Employee Count

377 as on Mar 31, 2026

Investment & Acquisitions

Aegiq & 1 more

Similar Companies

Photonic & 23 more

View IQM's full profile

IQM is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
TEAMTAILOR AB CIN: 927876752 , Norway, Active	Jul 01, 2013	-	-
QM-Tech Robotics s.r.o. CIN: 02510871 , Czech Republic, Active	Jan 07, 2014	-	-
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	-	-

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	-	Ten Eleven Ventures	Tesi, Elo, Varma, Winbond, EIC Fund, Bayern Kapital, Mail.schwarz
Jul 31, 2022	$51.1K	Grant (prize money)	-	-	-	EIC Fund

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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. 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.

View details of IQM's Founder profiles and Board Members

IQM's employee count trend

IQM has 377 employees as of Mar 26. Here is IQM's employee count trend over the years:

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Top competitors of IQM include Photonic, Seeqc and Xanadu. 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, Tencent & 26 others	69/100
2nd	Photonic 2013, Vancouver (Canada), Series D	Provider of silicon integrated photonics and quantum optics	$272M	Inovia Capital, BCI & 8 others	65/100
3rd	Seeqc 2019, Elmsford (United States), Series A	Provider of system-on-chips for quantum computing applications	$64.3M	NordicNinja, M Ventures & 15 others	63/100
4th	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
5th	SparrowQuantum 2015, Copenhagen (Denmark), Series A	Developer of photonic quantum chip technology delivering single photons on demand	$60.7M	2xN, PensionDanmark & 14 others	59/100
6th	QuantWare 2021, Delft (Netherlands), Series A	Developer of superconducting quantum processors, amplifiers, and foundry services for quantum computing	$32.9M	FORWARD.one, InnovationQuarter & 8 others	55/100
7th	Delft Circuits 2016, Delft (Netherlands), Series A	Provider of flexible microprocessors for quantum computing	$6.76M	HTGF, DeepTechXL & 5 others	55/100
8th	QuiX Quantum 2019, Enschede (Netherlands), Series A	Provider of photon-powered quantum computing processors	$23.2M	Invest-NL, FORWARD.one & 7 others	55/100
9th	EeroQ 2016, Brooklyn (United States), Series A	Provider of gate-based quantum processor chips for universal quantum computers	$7.25M	ASCENT, Calibrate Ventures & 6 others	52/100
10th	Nord Quantique 2020, Sherbrooke (Canada), Seed	Manufacturer of superconducting qubits	$7.47M	BDC, Quantonation & 2 others	48/100