System sales to research infrastructure sit alongside venture rounds, which is why external European totals including grants rarely match this ledger.
This profile is a single-company view of the same public ledger that builds the global ranking. Figures are disclosed amounts, not valuations; an empty cell means the source did not publish a number.
| Headquarters / founded | Espoo · 2018 |
|---|---|
| Technology | quantum-computing · Superconducting |
| Region / country | Europe · Finland |
| Status | private |
| Cumulative disclosed funding | ~$710M (lower bound) |
| Global rank | #7 / 62 |
The values below are computed on this build from the live dataset. They are measurements, not commentary.
| Share of all tracked capital | 4.18% |
|---|---|
| Median, same technology | $85M |
| Median, same region | $55M |
| Nearest larger peer (same technology) | Multiverse Computing · $875M |
| Nearest smaller peer (same technology) | Rigetti Computing · $700M |
| Published financing events | 2 |
| Cash disclosed across those events | $455M |
| Policy / public-market events | 0 / 0 |
| Unreviewed auto-collected events | 0 |
| Syndicated reports merged into these rows | 0 |
An A2 extension of ~$135M usually tops up an existing round rather than reopening a priced negotiation, which is why we store it as a distinct dated event instead of folding it into the earlier A round. IQM Quantum Computers sells complete superconducting systems to research-infrastructure buyers, so revenue and venture capital arrive on different clocks. European totals that include grants and procurement look larger than this ledger for exactly that reason.
The ~$320M Series B roughly doubles the size of the company's own A2 extension from 2022, which is a cleaner signal of escalating European hardware ambition than any cross-company comparison. IQM Quantum Computers sells full systems to research infrastructure buyers, so a larger B round funds delivery capacity as much as chip development. Our source is MIT QIR Insights rather than a company press release, giving the entry an independent citation.
Commercial system contracts and public grants are not financing events here. This total contains priced equity rounds only, which is why it can sit below grant-inclusive European estimates.