IQM

Building the next generation of quantum computers with unparalleled know-how.

Building the next generation of quantum computers with unparalleled know-how.

Visit website

meetiqm.com http://www.meetiqm.com

Milestones

Founded 2018 €11.45M Seed Round in 2019 €39M Series A in 2020 €128M Series A2 in 2022

Investment year

2019

Investment stage

Seed

Investment status

Portfolio

Deal team

Ekaterina Almasque

Building the next generation of quantum computers with unparalleled know-how.

IQM is driving disruptive advancements in quantum computing. By following their unique Co-Design strategy, they are able to deliver quantum advantage to their clients with application-specific quantum processors. The applications range from more efficient medication to discovering planet-saving materials, intelligent systems, and sustainable industrial processes. IQM has become the leading European company for superconducting quantum computers with operations in Finland and Germany. Visit IQM

News highlights

Why we invested in Authologic

Why we invested in Authologic

We are pleased to announce that OpenOcean led Authologic’s $8.2 million Series A funding round. Authologic is a global digital identity verification platform, streamlining KYC and AML processes with secure e-ID solutions to combat fraud and meet compliance.

OpenOcean welcomes three new team members: Joanna Graiver, Katariina Marttinen and Cyrus Hessabi

OpenOcean welcomes three new team members: Joanna Graiver, Katariina Marttinen and Cyrus Hessabi

We're excited to announce that the OpenOcean team is expanding with three exceptional new additions. Joanna and Cyrus have joined the London team as Investment Associates, while Katariina is joining the Helsinki team as Operations Manager.

General Partner

Why are all SaaS companies AI now? Here’s what the statistics show

Why are all SaaS companies AI now? Here’s what the statistics show

SaaS has been the subject of some concerned deliberations in the last few years, with growth slowing down, multiples staying low and cloud delivery not being a source of differentiation like in the good old days.