IQM Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 265

Employees

  • Latest Deal Type
  • Later Stage VC
  • (Upcoming)

  • Investors
  • 20

IQM General Information

Description

Developer of advanced quantum computing technologies intended to enhance computational capabilities for various industries. The company's platform integrates superconducting qubits and offers tailored services for research institutions and enterprises, enabling organizations to tackle complex problems efficiently while advancing their understanding of quantum mechanics and its practical applications in real-world scenarios.

Contact Information

Website
www.meetiqm.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Keilaranta 19
  • 02150 Espoo
  • Finland
+358 050
Primary Industry
Computers, Parts and Peripherals
Corporate Office
  • Keilaranta 19
  • 02150 Espoo
  • Finland
+358 050

IQM Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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IQM Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC Upcoming Generating Revenue
6. Later Stage VC (Series B) Cancelled Generating Revenue
5. Later Stage VC (Series D) 25-Jul-2022 Completed Generating Revenue
4. Debt - General 28-Apr-2022 Completed Generating Revenue
3. Early Stage VC 10-Jun-2020 Completed Generating Revenue
2. Grant 10-Jun-2020 $3.64M $12.8M Completed Generating Revenue
1. Seed Round 09-Jul-2019 $12.8M $12.8M Completed Generating Revenue
To view IQM’s complete valuation and funding history, request access »

IQM Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D
Series C
Series B 291,090 $1.025677 $38.98 $38.98 1x $38.98 27.76%
Series A 6,449 $1.025677 $39.64 $39.64 1x $39.64 0.61%
To view IQM’s complete cap table history, request access »

IQM Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of advanced quantum computing technologies intended to enhance computational capabilities for various industri
Computers, Parts and Peripherals
Espoo, Finland
265 As of 2024

College Park, MD
 

Paris, France
 
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IQM Competitors (9)

One of IQM’s 9 competitors is IonQ, a Formerly VC-backed company based in College Park, MD.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
IonQ Formerly VC-backed College Park, MD
Alice & Bob Venture Capital-Backed Paris, France
PsiQuantum Venture Capital-Backed Palo Alto, CA
AQT Venture Capital-Backed Innsbruck, Austria
D-Wave Formerly VC-backed Palo Alto, CA
You’re viewing 5 of 9 competitors. Get the full list »

IQM Patents

  • 140

    Total Documents Applications and Grants

  • Total Patents Families

  • 58

    Granted

  • 71

    Pending

  • Expiring in next 12 mo

IQM Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240107899-A1 Superconducting vacuum-bridged josephson junctions Pending 23-Sep-2022
EP-4344393-A1 Superconducting vacuum-bridged josephson junctions Pending 23-Sep-2022
EP-4246384-A1 Quantum processing unit Pending 14-Mar-2022
EP-4246385-A1 Quantum processing unit Pending 14-Mar-2022
EP-4242933-A1 Quantum computation on a specific qpu topology Pending 11-Mar-2022 G06N10/20
To view IQM’s complete patent history, request access »

IQM Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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IQM Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bayern Kapital Venture Capital Minority
OurCrowd Venture Capital Minority
QCI Group PE/Buyout Minority
Ripple Impact Investments Impact Investing Minority
Tencent Investment Corporate Venture Capital Minority
You’re viewing 5 of 20 investors. Get the full list »

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IQM FAQs

  • When was IQM founded?

    IQM was founded in 2018.

  • Where is IQM headquartered?

    IQM is headquartered in Espoo, Finland.

  • What is the size of IQM?

    IQM has 265 total employees.

  • What industry is IQM in?

    IQM’s primary industry is Computers, Parts and Peripherals.

  • Is IQM a private or public company?

    IQM is a Private company.

  • What is IQM’s current revenue?

    The current revenue for IQM is .

  • How much funding has IQM raised over time?

    IQM has raised $196M.

  • Who are IQM’s investors?

    Bayern Kapital, OurCrowd, QCI Group, Ripple Impact Investments, and Tencent Investment are 5 of 20 investors who have invested in IQM.

  • Who are IQM’s competitors?

    IonQ, Alice & Bob, PsiQuantum, AQT, and D-Wave are some of the 9 competitors of IQM.

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