IQM is the global leader in full-stack superconducting quantum computers. The company designs and manufactures vertically integrated quantum processing units and complete quantum computer systems with up to 150 high-fidelity qubits. Founded in 2018 as a spinout from Aalto University and VTT Technical Research Center of Finland, IQM delivers full-stack, production-ready quantum computers with on-site installation and operation capabilities. The company operates subsidiaries across Europe (Munich, Madrid, Paris, Warsaw) and Asia-Pacific (Singapore, Palo Alto).
IQM is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2018
Employees
460
Total Funding
$617.1M
7 rounds
Last Private Valuation
$1B
Sep 3, 2025
Completed business combination with Real Asset Acquisition Corp.; began Nasdaq trading as IQMX on Jul 2, 2026, with a ~$145.5M PIPE alongside it.
New public listing opens a liquid market, reducing reliance on private secondary transfers.
Announced SPAC merger with Real Asset Acquisition Corp., valuing IQM at ~$1.8B pre-money, targeting Nasdaq listing
Public listing route opened a near-term liquidity path, superseding prior private marks
Co-founder Jan Goetz became sole CEO effective Jan 1, 2026, ending the prior co-CEO structure
Leadership consolidation ahead of public listing signals governance stabilization
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $617.1M across 7 rounds
Last updated 10-07-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 30, 2026 | Debt Facility | $57.6M | — | BlackRock |
| Sep 3, 2025 | Series B Bloomberg | $320M | $1B | Ten Eleven Ventures |
| Jul 22, 2022 | Series A2 | $137M | — | World Fund |
Jan Goetz
CEO
Søren Hein
Chief Operating Officer & Deputy CEO
Mikko Möttönen
Chief Scientist & Co-founder
Juha Vartiainen
Co-founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
IBM Quantum
IBM's quantum computing division offering superconducting quantum processors and cloud-based quantum services
Rigetti Computing
US-based quantum computing company developing superconducting quantum processors
D-Wave Systems
Canadian quantum annealing and quantum computing systems provider
Atom Computing
US quantum computing company developing neutral atom quantum processors
PsiQuantum
UK-based quantum computing company developing fault-tolerant quantum processors
IQM completed its business combination with Real Asset Acquisition Corp. on July 1, 2026, and its American Depositary Shares and warrants began trading on the Nasdaq Global Select Market on July 2, 2026 under IQMX and IQMX WS - making IQM the first European quantum computing company listed in the United States. Its ordinary shares were admitted to the regulated market of Nasdaq Helsinki the following day, July 3, 2026, also under IQMX, giving the company a dual US/Finnish listing; the venue changed from the NYSE plan named in the February 2026 announcement. The transaction valued IQM at approximately $1.8B pre-money and delivered roughly EUR 198.7M ($233.5M) in net proceeds including an upsized PIPE of 14,548,000 shares at $10.00 per share, lifting pro-forma cash to about EUR 309.4M.
IQM shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
IQM had a valuation of approximately $1B at the time of its public offering. Current market capitalization fluctuates with the share price.
IQM raised $617.1M across 7 disclosed funding rounds prior to its public listing.
IQM was co-founded by Mikko Möttönen, and Juha Vartiainen in 2018.
IQM is headquartered in Espoo, Finland.
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