Ten Eleven led a $320m Series B round in IQM Quantum Computers.

Ten Eleven, a venture capital, led a $320m Series B round in IQM Quantum Computers, a company that builds quantum computers, with participation from Tesi, Elo Mutual Pension Insurance, Varma Mutual Pension Insurance, Schwarz Group and Winbond Electronics Corporation, EIC and Bayern Kapital. "This funding round will fuel our company growth, with an accelerated tech roadmap towards error corrected systems from thousand to million qubits. We also focus on strong business expansion in the U.S. and other global markets based on our attractive on-premises offerings for quantum computers and the recently announced upgrade of our cloud offering," Jan Goetz, IQM Quantum Computers Co-Founder and Co-CEO.