IQM Funding: $711M Raised, Series B (2025)

IQM is based in Helsinki, Finland. It has raised $711M in total funding. Latest round: Series B. Backed by World Fund, Ten Eleven Ventures, Tesi.

IQM funding overview

IQM is based in Helsinki, Finland. IQM has raised $711M in total disclosed funding. That places its disclosed total in the $250M–$1B range. Its most recent disclosed round is a Series B announced in September 2025. The round record for IQM runs through 2025; nothing later has been disclosed. Investors on record include World Fund, Ten Eleven Ventures, Tesi, Maki.vc, TEN Eleven Ventures, Bayern Kapital and 16 others. 22 distinct backers are named across the disclosed rounds.

IQM at a glance

Total raised
$711M
Latest round
Series B
Latest round date
September 2025
Headquarters
Helsinki, Finland
Notable investors
World Fund, Ten Eleven Ventures, Tesi, Maki.vc, TEN Eleven Ventures, Bayern Kapital, EIC Fund, ELO Mutual Pension Insurance Company

Frequently asked about IQM funding

How much has IQM raised?
IQM has raised $711M in total disclosed funding across the rounds on record.
Who has invested in IQM?
World Fund, Ten Eleven Ventures, Tesi, Maki.vc, TEN Eleven Ventures, Bayern Kapital are named among the investors backing IQM.
What was the latest IQM funding round?
The most recent disclosed round is a Series B, announced in September 2025.
Where is IQM based?
IQM is based in Helsinki, Finland.
When did IQM last raise?
The last disclosed IQM round closed in September 2025 at Series B.

Every IQM figure above comes from filings and announced rounds in the StartupFundraising company database and is revised as new rounds are recorded. The lists below compare companies in Helsinki at a similar stage.

IQM pitch deck

The investor deck IQM used to raise — 2020, Series A, 15-slide deck is broken down slide by slide, including the slides it leads with and the questions it leaves open.

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•By Alejandro Cremades