IQM Quantum Computers, Espoo

Espoo, Finland60.18°N 24.83°E

computed criticality37/100

reading

European leader in superconducting quantum computing, a spin-off of Aalto and VTT (2018), 275 M€ raised in a Series B in September 2025, presented as the largest European quantum round.

2025

Fault line

Superconducting computing requires dilution refrigerators and remains far from fault tolerance. Its high capital intensity makes the company dependent on repeated fundraising and public contracts.

Actors

IQM

Aalto University

VTT

Depends on 4

Dilution refrigerators, Bluefors, HelsinkiQuantum & Cryogenics · Critical anchor↗Zurich Instruments, ZurichQuantum & Cryogenics · Critical anchor↗Delft Circuits, DelftQuantum & Cryogenics · Critical anchor↗Orange Quantum Systems, DelftQuantum & Cryogenics · Link↗

Sources

IQM, 300-qubit computer for Finland ↗

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