Iqm
On-premises quantum computers
Latest round: €320M
Invested in: 2019
Investors: Maki.vc, MIG, Open Ocean, Viessmann, World Fund, Ten Eleven, Tesi
Founders: Jan Goetz, Mikko Möttönen, Kuan Yen Tan, and Juha Vartiainen

Building commercial quantum computers for the wellbeing of humankind
IQM is the European leader in superconducting quantum computers. They deliver on-premises quantum computers for research laboratories and supercomputing centers, and adopt a unique application-specific co-design approach for industrial customers.
IQM’s co-design strategy aims to deliver quantum advantage to its customers by using novel chip architecture, application-specific processors, and ultrafast quantum operations.
“I always say that quantum computing is like electricity — you can imagine what advantages electricity has brought us, and electricity will always be in use.”
Mikko Möttönen
Co-founder of IQM
Looking to deliver the first commercial machine in 2021
Founded by a highly ambitious team of world-leading scientists who have built several quantum labs and research centers globally over the past two decades.
The team’s pioneering work started with breakthroughs in qubit reset, readout, and thermal management towards large-scale quantum processors. Since then, the work has progressed to unique hardware advantages and novel concepts around digital-analog quantum computing.
Now they have the largest industrial hardware team of world-class quantum experts in Europe with over 640+ scientific publications and over 27000 citations.

“Europe could lead the quantum computing revolution.”
Jan Goetz
Co-founder of IQM
Founders
IQM’s founders are Jan Goetz, Mikko Möttönen, Kuan Yen Tan, and Juha Vartiainen
IQM was founded by a highly ambitious team of world-leading scientists having built several successful quantum labs and research centers globally during the past two decades. The team’s pioneering work started with breakthroughs in qubit reset, readout, and thermal management towards large-scale quantum processors.