IQM Revenue and Competitors

Espoo,

Location

#9608

Growjo Ranking

Hardware

Industry

Estimated Revenue & Valuation

  • IQM's estimated annual revenue is currently $61.6M per year.(i)
  • IQM's estimated revenue per employee is $440,000

Employee Data

  • IQM has 140 Employees.(i)
  • IQM grew their employee count by 61% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$4.1M170%N/AN/A
#2
$21.2M5913%N/AN/A
#3
$1970M541320%$529.3MN/A
#4
$2.9M12-8%N/AN/A
#5
$7.8M280%N/AN/A
#6
$0.6M3-95%N/AN/A
#7
$964.3M1722N/AN/AN/A
#8
$33.6M842%N/AN/A
#9
$7.3M260%N/AN/A
#10
$199.6M3938%$97.7MN/A
Add Company

We build quantum computers. IQM is the European leader in superconducting quantum computers, headquartered in Espoo, Finland. A VC funded company which includes investors: MIG Fonds, Tesi, OpenOcean, Maki.vc, Vito Ventures, Matadero QED, Vsquared, Salvia GmbH, Santo GmbH and Tencent. Since its inception in 2018, IQM has grown to 70+ employees and has also established a subsidiary in Munich, Germany (20+ employees), to lead the co-design approach. IQM delivers on-premises quantum computers for research laboratories and supercomputing centers and provides complete access to its hardware. For industrial customers, IQM delivers quantum advantage through a unique application-specific co-design approach. IQM's funding also includes a €3.3 M grant from Business Finland and €15 M equity investment from the EIC Accelerator program.

keywords:N/A

N/A

Total Funding

140

Number of Employees

$61.6M

Revenue (est)

61%

Employee Growth %

N/A

Valuation

N/A

Accelerator

IQM News

2022-04-17 - IQM, Hebrew University and Bar-Ilan University to advance quantum tech

IQM, Hebrew University of Jerusalem and Bar-Ilan University have started research cooperation on quantum technologies, with IQM providing...

2022-04-13 - IQM Partners With Israeli Universities To Accelerate Quantum ...

Founded in 2018, IQM builds scalable hardware for universal quantum computers with a focus on superconducting technology while providing data...

2022-04-06 - IQM Announces Academic Research Cooperation on ...

IQM provides on-premises quantum computers for supercomputing data centers and research labs and offers full access to its hardware. For...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$23M14411%N/A
#2
$33.4M1484%N/A
#3
$7.5M15115%N/A
#4
$35.1M1586%N/A
#5
$45.3M16840%N/A

IQM Executives


NameTitle
Juha VartiainenChief Operating Officer
Jan GoetzCEO & Co-Founder