Startups
Quantum Startup IQM Raises Funding Above $1 Billion Valuation
Quantum computers made by IQM in a data center in Germany.
Photographer: Sven Hoppe/picture alliance/Getty ImagesIQM, a Finnish quantum computing startup, has raised €275 million ($320 million) in venture capital funding, as investors bet on the experimental technology being able to solve real problems.
The Series B financing, led by US investor Ten Eleven Ventures, puts IQM’s valuation above $1 billion, a spokesperson said.