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Home COUNTRY DACH

IQM to invest more than €40m to expand its quantum chip production facility

dcdby dcd
November 26, 2025
Reading Time: 4 mins read
in DACH, VENTURE CAPITAL
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Quantum computing company IQM has announced it is investing more than €40 million ($46m) to expand its quantum chip production facility in Finland.

The new facility will produce advanced quantum chips for error-corrected quantum computers. With almost double the cleanroom space and system assembly line capacity, the expanded 8,000 sqm (86,110 sq ft) facility will be able to produce up to 30 quantum computers per year.



IQM IQM.jpg

– Dan Swinhoe

The expansion is supported by the company’s recent Series B fundraise, which saw it raise more than $300m – the largest raise achieved in the quantum space outside of the US. IQM said the additional cleanroom equipment will enable it to achieve fault-tolerant quantum computing by 2030, and meet its long-term commitment to scale its critical data center infrastructure and capacity globally.

IQM is also taking steps towards making the facility carbon-neutral by installing an abatement system to reduce direct emissions from its production and moving to 100 percent renewable district heating.

“This will be one of the world’s most advanced production facilities for quantum computers, combining assembly lines and chip production. This approach will enable us to scale up in critical areas which are essential to deliver quality, quantity, and stable, advanced solutions to the market,” said Pasi Kivinen, VP of operations. “The expansion is an important step to deliver next-generation quantum computers to serve our customers and also make a remarkable impact.”

Jan Goetz, co-CEO and co-founder of IQM, added: “By enhancing our fabrication capabilities to produce large-scale quantum chips for error-correction technology, we will not only better serve our customers but also reinforce our leadership in superconducting quantum computing.”

Founded in Helsinki, Finland, in 2018, IQM brings full-stack quantum computers and applications to HPCs, research institutes, universities, and business enterprises. The company operates quantum data centers in Finland and Munich, Germany, offering cloud-based access to its systems. It has delivered quantum systems to supercomputing centers in South Korea, Poland, Italy, and Taiwan.

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Read the orginal article: https://www.datacenterdynamics.com/en/news/iqm-to-invest-more-than-40m-to-expand-its-quantum-chip-production-facility/

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