- What they build
- IQM develops and manufactures full-stack superconducting quantum computers for research institutions, supercomputing centres and enterprises. Founded in Espoo in 2018, the company has grown into one of Europe’s leading quantum computing companies, delivering systems to customers around the world.
- The founder
- German physicist Jan Goetz came to Finland in 2017 for postdoctoral research at Aalto University, choosing it while considering opportunities in Barcelona and the United States. He originally planned an academic career and move on to other places, but when Professor Mikko Möttönen suggested starting a company together, Goetz decided to stay in Finland. They founded IQM in 2018 with fellow researchers Kuan Yen Tan and Juha Vartiainen.
- Why Finland
- Finland offered the research infrastructure, scientific talent and entrepreneurial ecosystem needed to turn quantum research into a company. IQM emerged from Aalto University and VTT, raised an €11.5 million seed round in 2019 with Finnish and international investors, and secured a crucial first customer when VTT commissioned Finland’s first quantum computer in 2020.
- Since founding
- Since spinning out from Aalto and VTT, IQM has opened its quantum chip fabrication facility in Espoo in 2021, grown to more than 450 employees and sold 26 quantum computers, delivering 17 by mid-2026. Its expansion culminated in a July 2026 listing on a Nasdaq New York, followed by Nasdaq Helsinki, making IQM the first European quantum computing company to list on the public markets.