Finland \u2014 IQM Quan\u00adtum Compu\u00adters, the Euro\u00adpean leader in the deve\u00adlo\u00adp\u00adment and manu\u00adfac\u00adture of super\u00adcon\u00adduc\u00adting quan\u00adtum compu\u00adters, secu\u00adres EUR 39 million in a new round of finan\u00adcing. This brings the total amount raised to date to EUR 71 million \u2014 one of the highest amounts raised by a Euro\u00adpean deep tech start-up in a single year.<\/p>\n
Lead inves\u00adtor MIG led the round of exis\u00adting inves\u00adtors, inclu\u00adding Tesi, Open\u00adO\u00adcean, Maki.vc, Vito Ventures and Matadero QED, as well as new inves\u00adtors inclu\u00adding Vsquared, Salvia GmbH, Santo Venture Capi\u00adtal and Tencent.<\/p>\n
Head\u00adquar\u00adte\u00adred in Helsinki with a second office in Munich, the deep-tech company supplies commer\u00adci\u00adally available quan\u00adtum compu\u00adters for rese\u00adarch labo\u00adra\u00adto\u00adries and super\u00adcom\u00adpu\u00adting centers. The high-perfor\u00admance compu\u00adters are expec\u00adted to solve extre\u00admely complex compu\u00adta\u00adtio\u00adnal tasks within hours \u2014 a task that previously took seve\u00adral years. Through a unique co-design approach, IQM provi\u00addes quan\u00adtum bene\u00adfits to indus\u00adtrial custo\u00admers through appli\u00adca\u00adtion-speci\u00adfic proces\u00adsors. The company thus supplies the complete hard\u00adware stack for a quan\u00adtum compu\u00adter, which inte\u00adgra\u00adtes various tech\u00adno\u00adlo\u00adgies and enables coope\u00adra\u00adtion with quan\u00adtum soft\u00adware companies.<\/p>\n
Quan\u00adtum compu\u00adting is still in a rela\u00adtively early stage of deve\u00adlo\u00adp\u00adment, but experts say it will gain elemen\u00adtal importance in the coming decade, making major breakth\u00adroughs in health\u00adcare, logi\u00adstics, finance, chemis\u00adtry and other fields.<\/p>\n
IQM is one of the fastest growing compa\u00adnies in the quan\u00adtum compu\u00adting sector and alre\u00adady has one of the worl\u00add\u2019s largest quan\u00adtum engi\u00adnee\u00adring teams. Funding from the current round will be used to acce\u00adle\u00adrate hard\u00adware deve\u00adlo\u00adp\u00adment and produce appli\u00adca\u00adtion-speci\u00adfic quan\u00adtum compu\u00adters. In addi\u00adtion, a large portion of the funding will go toward retai\u00adning and retai\u00adning the best talent in quan\u00adtum compu\u00adting, as well as the sales and busi\u00adness deve\u00adlo\u00adp\u00adment teams.<\/p>\n
Advi\u00adsor to MIG Fund: LUTZ | ABEL Rechts\u00adan\u00adwalts PartG mbB<\/strong> Finland \u2014 IQM Quan\u00adtum Compu\u00adters, the Euro\u00adpean leader in the deve\u00adlo\u00adp\u00adment and manu\u00adfac\u00adture of super\u00adcon\u00adduc\u00adting quan\u00adtum compu\u00adters, secu\u00adres EUR 39 million in a new round of finan\u00adcing. This brings the total amount raised to date to EUR 71 million \u2014 one of the highest amounts raised by a Euro\u00adpean deep tech start-up in a single [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":35582,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1367,1368,1373],"tags":[],"class_list":["post-43551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-lawyers-tax-advisors-auditors-en","category-lawyers-tax-consultants-auditors","category-venture-capital-en","news-category-venture-capital-news"],"yoast_head":"\n
\nMIG Fonds is a long-term client of LUTZ | ABEL. In the current finan\u00adcing round, the advi\u00adsory team consis\u00adted of Dr. Bern\u00adhard Noreisch, LL.M. (lead) and Jan-Phil\u00adlip Kunz, LL.M. (both VC \/ M&A, Munich) together.<\/p>\n","protected":false},"excerpt":{"rendered":"