https://techcrunch.com/2020/06/11/european-quantum-computing-startup-takes-its-funding-to-e32m-with-fresh-raise/

IQM Finland Oy (IQM), a European startup which makes hardware for quantum computers, has raised a €15M equity investment round from the EIC Accelerator program for the development of quantum computers. This is in addition to a raise of €3.3M from the Business Finland government agency. This takes the company’s funding to over €32M. The company previously raised a €11.4M seed round.

IQM has hired a lot of engineers in its short life, and now says it plans to hire “one quantum engineer per week” on the pathway to commercializing its technology through the collaborative design of quantum-computing hardware and applications.