IQM Raises €128 Million ($130M USD) in Series A2 Funding

Quantum Computing Report 16 days ago

The funding was led by World Fund with additional participation from Bayern Kapital, EIC Fund, OurCrowd, QCI SPV, Tofino and Varma, as well as existing investors, Matadero QED, MIG Fonds, OpenOcean, Salvia GmbH, Santo Venture Capital GmbH, Tencent, Tesi, and Vsquared. IQM  is building superconducting based quantum processors, but has taken a different commercialization strategy than some of the other hardware providers.

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