Operational! Finland’s Quantum Computer to March Beyond 5-Qubit Start
The 5-qubit quantum computer is part of a larger initiative. VTT and IQM aim to build together a much more powerful 50-qubit quantum computer by 2024 and further develop Finland’s long-lasting technology and expertise in quantum computing. The country already has an active research community called InstituteQ – of which VTT, Aalto University, and Helsinki University are the founding members – which is focused on developing world-class quantum expertise. BusinessQ network supports companies in incorporating quantum technology into their business, enabling growth for the Finnish society.
Q-Exa Consortium Launches, Aims at Accelerating European Quantum Computing Technologies, Coupled With High-Performance Computing
New BMBF-funded project focuses on co-design of next-generation quantum computing technologies and integrating these tools into traditional computing centres.
Community-Driven Quantum Chip Development Created through IQM’s KQCircuits
IQM announces KQCircuits – An open-source software to design superconducting quantum processors IQM Quantum Computers (IQM) announced today its open-source software tool KQCircuits to automate the design of superconducting quantum processors. KQCircuits is a Python library jointly developed by Aalto University and IQM using the KLayout design program. Designing quantum processors is fundamental to build quantum […]
Bavaria’s LRZ Quantum Integration Centre (QIC) Takes Aboard Atos’ QLM
Atos supports the Leibniz Supercomputing Centre in pioneering quantum-accelerated computing with the Atos QLM Atos […] announced that it has delivered its Atos Quantum Learning Machine (Atos QLM), the world’s highest-performing commercially available quantum simulator, to the Leibniz Supercomputing Centre (LRZ), of the Bavarian Academy of Sciences and Humanities. The Atos QLM is installed in the recently opened […]
Startup Funding for November 2020
Startup Funding: November 2020 Key points… + Quantum computer builder IQM drew €39M (~$46.1M) in Series A funding; the startup focuses on superconducting quantum processors and the co-design of application-specific quantum hardware. IQM was recently chosen by the Finnish government to help build a five-qubit quantum computer within a year, leading to a 50-qubit device […]
New Opportunities Open up as Finland’s VTT & IQM Pen Agreement to Build Quantum Computer, Finland’s First Ever
Finland selects IQM to build its first quantum computer; to deliver a 50-qubit machine by 2024. VTT and IQM have entered into an agreement to establish a co-innovation partnership and begin building Finland’s first quantum computer. The cooperation will bring together top expertise in quantum technologies and enable a leap in Finland’s quantum capabilities. The […]
IQM Rakes in €39 M in Series A funding
Europe is on its way to quantum leadership: IQM raises €39 M in Series A funding IQM Quantum Computers (IQM), the European leader in building superconducting quantum computers, announced October 10, 2020, that it has raised €39 M in Series A funding, bringing the total amount of funding raised to date to €71 M. This […]
IQM Nets $20M+ in New Funding
IQM Nets $20M+ in New Funding European Deep-tech Champion IQM Receives More Than €20M of New Funding ESPOO, Finland, June 11, 2020 /PRNewswire/ — IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a €2.5M grant and up to €15M of equity investment from the EIC Accelerator program for the […]
IQM Forms Subsidiary in First Company Expansion
IQM Forms Subsidiary in First Company Expansion IQM Makes First Expansion Move; Creates Subsidiary in Germany to Drive Quantum Hardware-Software Co-Design IQM Finland Oy (IQM), [March 11] announced an expansion through the establishment of its first subsidiary company, IQM Germany, located in Munich. The company also announced the appointment of renowned quantum computing and quantum […]