Espoo-based IQM Quantum Computers, a leader in full-stack superconducting quantum computers, today announced that it has secured a €50 million financing package from funds and accounts managed by BlackRock.
This facility will help accelerate IQM’s technology development, boost R&D efforts, facilitate entry into new markets, and strengthen IQM’s leadership in quantum computing.
Jan Goetz, CEO and co-founder of IQM, said, “The financing package comes at a pivotal time for IQM, as we build momentum for our next phase of growth. This financing further strengthens our capital structure, increasing the resources available to enable us to execute on our technology vision and expand into new markets.
“We build open and transparent quantum systems that institutions can operate directly, enabling hands-on use, long-term capability building, and full control over their quantum infrastructure. By making quantum computing accessible in this way, we are enabling ecosystems to grow, benefitting researchers, industries, and partners.”
Founded in 2018, IQM delivers full-stack quantum systems and cloud platform access to research institutions, universities, high-performance computing centres, and national laboratories worldwide. Its on-premises deployment model gives customers direct ownership and control of their quantum infrastructure.
IQM claims to operate a vertically integrated business model. It has a unique combination of proprietary infrastructure, from its own chip design tool and software developer platform to a quantum chip fabrication plant, assembly line, and data centre. This enables the company to accelerate its innovation cycles, deliver quantum computing to its customers, and support the growth of the quantum ecosystem.
This facility was secured before IQM’s recent announcement of plans to become the first publicly listed European quantum computing company through a merger with Real Asset Acquisition Corp. It is also exploring a dual listing on the Helsinki stock exchange, which would likely occur after the completion of this transaction.
The company recently announced the launch of the Aalto Q20 quantum computer in Finland. The 20-qubit system, which is operational at Aalto University, is the fourth quantum computer deployed by IQM in Finland.
Last year, in September, IQM raised €275 million in the largest Series B raise ever in the quantum space and hit unicorn status. The company has over 350 employees and operates across Europe, Asia, and North America.
Read the orginal article: https://www.eu-startups.com/2026/03/finnish-quantum-unicorn-iqm-secures-e50-million-from-blackrock-ahead-of-public-listing/
