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MIG Fonds led a €39m Series A round in IQM Finland Oy.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Venture Capital

Cross Border

Finland

Completed

quantum computers

Computer Hardware

Private Equity

Acquisition

Private

Friendly

Minority

Synopsis

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MIG Fonds, a German venture capital investor, led a €39m Series A round in IQM Finland Oy, a quantum computing company, with participation from Tesi, OpenOcean, Maki.vc, Vito Ventures, Matadero QED, Vsquared, Salvia, Santo Venture Capital and Tencent. “IQM has a strong track record of research and in achieving high growth. They continue to attract the best global talent across functions and have exceeded their hardware and software milestones. We are thrilled to lead this round and continue to support IQM as the company accelerates its next phase of business and hardware growth,” Axel Thierauf, MIG Fonds Partner and IQM Board Chairman.

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