IQM Lands $320M in Historic Series B, Expands U.S. Quantum Push


IQM Lands $320M in Historic Series B, Expands U.S. Quantum Push

📅 - IQM Quantum Computers, a Finnish-headquartered developer of superconducting quantum systems, has secured a record-breaking $320 million (€275 million) in its Series B funding round, marking the largest raise in the quantum sector to date outside of the United States.

The round brings the company's total capital raised to $600 million and underscores the accelerating pace of investment as quantum technology edges closer to commercial deployment.

The latest financing was led by Ten Eleven Ventures, a U.S.-based cybersecurity investment firm, marking IQM's first American investor. Ten Eleven was joined by an expanded commitment from Tesi, the Finnish state-owned venture capital and private [...][... Check source for end of article ...]
Tags: Quantum Computing

Reads: 43 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/iqm-lands-320m-in-historic-series-b-expands-u-s-quantum-push
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!