News Summary

• Finnish quantum computing startup IQM just raised more than $300 million in a Series B funding round.
• IQM builds quantum computers meant for on-premises installations as well as a cloud platform that taps this hardware.
• The company has already sold its quantum computers to enterprises in APAC and the U.S., but its strongest market remains Europe.
• The startup is planning to use the fresh cash for both a commercial push and R&D to align with the market's evolving understanding of what’s needed to turn advances in quantum science into practical impact.