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# Finland's IQM raises EUR 275 million Series B, becomes a quantum unicorn
- URL: https://sovereigntymonitor.eu/news/2025-09-03-iqm-series-b-320m/
- Published: 2025-09-03T12:00:00.000Z
- Updated: 2026-10-21T05:48:50.000Z
- Description: Finnish quantum computer maker IQM raised EUR 275 million (USD 320 million) in a Series B led by US firm Ten Eleven Ventures, reaching unicorn status. It will expand chip fabrication in Finland and global data centre assembly lines.
- Author: Reidar Balstad
- Tags: Compute and infrastructure, Industry, investment and R&D, #news, #verified, #editor-read

Verified Editor-read [IQM Quantum Computers press release, 3 September 2025](https://www.iqm.tech/press-releases/iqm-quantum-computers-raises-over-300-million-in-series-b-funding-round/?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish that IQM's ownership or governance has changed, nor that the Finnish chip fabrication expansion has begun.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-14\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)