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September 3, 2025

Finland’s IQM lands $320m Series B to scale quantum computers

The fundraising will support the startup’s expansion into the US

Finnish quantum computing startup IQM Quantum Computers has raised $320m in a Series B round led by US firm Ten Eleven Ventures, marking the first time the Espoo-based company has secured American backing.

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Miriam Partington

Miriam Partington was a senior reporter at Sifted, based in Berlin. She covered the DACH region and the future of work, and wrote Startup Life , a weekly newsletter on what it takes to build a startup.

Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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