Analysis

February 25, 2026

As IQM gears up for a $1.8bn float — are SPACs back?

Quantum computing startup hopes to buck the trend set by counterparts in the US


The IQM team

Earlier this week, Finnish quantum computing startup IQM announced plans to go public via a SPAC (special acquisition company) deal, valuing it at $1.8bn. 

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

Martin Coulter

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

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