IQM Secures €50 Million Financing to Accelerate Global Growth

IQM, building full-stack superconducting quantum computers for HPCs, researchers, and enterprises, led by Dr. Jan Goetz, and the team, has secured a €50 million financing package from funds and accounts managed by BlackRock.

The facility will accelerate IQM’s technology roadmap, strengthen R&D, enable expansion into new markets, and reinforce its leadership in quantum computing.

The facility was secured ahead of IQM’s planned merger with Real Asset Acquisition Corp (RAAQ) to become Europe’s first publicly listed quantum computing company. It reduces the company’s cost of capital while enhancing the flexibility and diversification of its capital base.

The financing arrives at a pivotal stage in IQM’s growth, strengthening its capital structure and increasing resources to advance its technology roadmap and support expansion into new markets, noted CEO and co-founder Jan Goetz.

IQM builds open, transparent quantum systems that institutions can operate directly, enabling hands-on use, long-term capability development, and full control over quantum infrastructure. This approach supports broader ecosystem growth across researchers, industries, and partners.

Rising global demand for on-premises quantum systems positions IQM to advance enterprise quantum and quantum-AI adoption through a strategy spanning hardware innovation, cloud access, industry partnerships, and ecosystem development on the path to fault-tolerant quantum computing.