| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | Finland |
| Sector | Hardware |
| Collapse type | Mass Layoff Spiral |
| Founder | Jan Goetz, Mikko Möttönen |
IQM Quantum Computers
"Europe's quantum darling hit the commercialization wall as the funding winter arrived."
Cascading layoffs that accelerated the decline
Key Events Timeline
IQM Quantum Computers, co-founded by Jan Goetz and Mikko Möttönen in Helsinki, raised over €128M by 2022 to build superconducting quantum processors for research and commercial clients.
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