Espoo, Finland, 20th February 2024 – IQM Quantum Computers announced it has achieved its latest benchmarks measured on its 20-qubit quantum computer. Among the system-level benchmarks IQM obtained: Quantum Volume (QV) of 2^5=32 Circuit Layer Operations Per Second (CLOPS) of 2600 20-qubit GHZ state with fidelity greater than 0.5 Q-score of 11 Quantum volume (QV) is a benchmark that […]
IQM Quantum Announces Co-CEO
February 14, 2024 by
Espoo, Finland, 14th February 2024 – IQM Quantum Computers announced it is implementing a dual leadership structure, appointing two Co-CEOs. Former sole CEO and Co-founder Dr. Jan Goetz will lead external relations and fundraising, while Dr. Mikko Välimäki will focus on enterprise commercial operations. Together, Goetz and Välimäki will execute IQM’s strategy going forward. They are based in IQM’s corporate headquarters in Espoo, Finland. When founding IQM […]
IQM Quantum Computers Expands into Asia-Pacific
April 4, 2023 by
Singapore and Espoo, Finland, April 4, 2023 – IQM Quantum Computers (IQM) today announced the expansion of its global operations into Asia-Pacific with an office opening in Singapore, its first in the region and outside Europe. Singapore marks IQM’s fifth office, with headquarters in Espoo, Finland, and other offices in Munich, Madrid, and Paris. The office opening paves the way for […]
European Quantum Company IQM Raises €128m
July 22, 2022 by
Espoo, Finland, 22 July 2022 – IQM Quantum Computers (IQM), a European builder of superconducting quantum computers, announced today it has raised €128 million ($128m) in Series A2 funding led by World Fund to expand its international business and accelerate product development. The funding, which follows a €39m ($39m) Series A1 announcement in 2020 and […]
BioNTech Chairman Helmut Jeggle Joins the Board of IQM Quantum Computers
March 22, 2021 by
MUNICH – March 24, 2021 – IQM Quantum Computers (IQM) announced today that Helmut Jeggle, chairman of the BioNTech SE Supervisory board, has joined IQM ́s board of directors. He joins the company during an interesting phase. After successfully closing its Series-A funding round and selling its first quantum computer, IQM now intends to lead […]
New EU Consortium Awarded €12.4M by German Ministry of Education and Research
February 12, 2021 by
Feb. 12, 2021 – Today, IQM announced a quantum project consortium that includes Europe’s leading startups (ParityQC, IQM), industry leaders (Infineon Technologies), research centers (Forschungszentrum Jülich), supercomputing centers (Leibniz Supercomputing Centre), and academia (FreieUniversität Berlin) has been awarded € 12.4 Million from the German Ministry of Education and Research (BMBF). The scope of the project […]
IQM Quantum Raises €39M in Series A Funding
November 11, 2020 by
Espoo, Finland, 10th November 2020 – IQM Quantum Computers (IQM), a European builder of superconducting quantum computers, today announced that it has raised €39M in Series A funding, bringing the total amount of funding raised to date to €71M. MIG Fonds has led this round, with participation from all existing investors including Tesi, OpenOcean, Maki.vc, […]
IQM Startup in Finland Developing Fault-tolerant Quantum Processor
July 9, 2019 by
A new startup called IQM in Finland aims to drive disruptive advancements in quantum computing. A spinout from Aalto University and the VTT Technical Research Centre of Finland, IQM is developing high-speed quantum processors to reduce the error rates currently limiting quantum computers. “IQM’s fault-tolerant quantum processor architecture will open the door for more powerful computationally intensive tasks. The talented team is set to enable a unique quantum cloud offering and ignite a stronger quantum software eco-system in Europe.”
