World Fund led a $130m funding round in IQM.

World Fund, a venture capital firm, led a $130m funding round in IQM, a European quantum computing company, with participation from Bayern Kapital, OurCrowd, Tofino, Varma, Maki.vc, Matadero QED, MIG Fonds, OpenOcean, Salvia GmbH, Santo Venture Capital GmbH, Tencent, Tesi, and Vsquared. The company intends to use the funds to expand its international business and accelerate product, with a focus on developing quantum processors to help tackle the climate crisis development.