Finland · Series B startup

Who invested in IQM

3 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

DeeptechQuantum Computing

Raised 7 months ago

Funding summaryUpdated 5 Nov 2026

$390Mraised across 3 rounds since 2019, from 5 sources

$13MRound$320MSeries B$57MRound
Latest round
Round, $57MMar 2026
Led by
BlackRock
Biggest round
$320MSeries B · Sept 2025
Investors
14 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2020202120222023202420252026
$13MRound$320MSeries B$57MRound
First round
Round, $13M
Jul 2019
Biggest round
$320M
Series B · Sept 2025
Usual gap between rounds
6.2 years
the median of 2
IQMDeep tech1 / 15Their pitch deckIQM's pitch deck, 15 slidesEach slide read for what it argues, against the decks that raised at the same stage.

The rounds

  1. Mar 2026
    Round$57M1 new

    Reported by Ventureburn

  2. Sept 2025
  3. Jul 2019
    Round$13M7 new

    Reported by FinSMEs and 1 other

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

BlackRockAsset manager1round, led 1
EIC AcceleratorGovernment1round
European Investment BankGovernment1round
Eleven VenturesVC firm1round
Ten Eleven VenturesVC firm1round
Vsquared VenturesVC firm1round
OpenOceanVC firm1round
TesiGovernment1round
maki.vcVC firm1round
MIG FondsVC firm1round
Vito VenturesCorporate VC1round
Matadero QEDno record of our own yet1round
MIG Fundsno record of our own yet1round
OurCrowdno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about IQM

Who invested in IQM?

IQM's investors include BlackRock, EIC Accelerator, European Investment Bank, Eleven Ventures and Ten Eleven Ventures, and 9 more on record. BlackRock led its latest round.

How much has IQM raised?

IQM has raised $390M across 3 rounds since 2019.

When did IQM last raise?

IQM's most recent round, $57M, was in Mar 2026, led by BlackRock.

What was IQM's biggest round?

IQM's largest round on record is $320M (Series B), in Sept 2025.

Who backed IQM first?

IQM's first round on record, in Jul 2019, was backed by OpenOcean, Tesi and maki.vc and 4 others.

What stage is IQM at?

IQM's latest named round is a Series B, in Sept 2025.

Where is IQM based?

IQM is based in Finland.

Who led IQM's rounds?

BlackRock led the funding round in 2026.

Companies like IQM

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