Startup profile · funding coverage
IQM Quantum Computers funding, valuation and investors
Superconducting quantum-computing systems developer listed on Nasdaq as IQMX.
Verified company research · funding, investors and latest developments
Keep track of IQM Quantum Computers
Save this profile to your VCT watchlist for a quick return.
Funding, valuation & investors
Answer-first snapshotLatest funding
Business combination closing — public-market transaction
Approximately $233.5M net proceeds, including $145.5M PIPE · July 1, 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
public
public
Overview
IQM builds superconducting quantum-computing systems and associated infrastructure. The company completed its business combination with Real Asset Acquisition Corp in July 2026, with trading in its American depositary shares beginning on July 2 under IQMX.
The closing announcement disclosed approximately $233.5 million in net proceeds from the transaction, including approximately $145.5 million from the private investment in public equity, or PIPE. The PIPE is part of those proceeds, not an additional sum. IQM belongs in a public-company comparison, rather than a list that assumes every quantum developer remains venture-backed and private.
Its deployment model should be evaluated through installed systems, support commitments and customer outcomes, alongside progress in error correction.
Why IQM Quantum Computers is interesting
IQM illustrates the transition from private hardware funding to public-market financing, where PIPE subscriptions and net transaction proceeds must not be added together twice.
Funding history (newest first)
Business combination closing — public-market transaction
2026-07-01 Approximately $233.5M net proceeds, including $145.5M PIPESource: Read source · iqm.tech
Competitive landscape
-
Oxford Quantum Circuits direct
Superconducting systems developer with a different commercial deployment model.
-
Rigetti direct
Public superconducting quantum-computing developer.
-
IBM incumbent
Large corporate developer of superconducting systems and a broader software ecosystem.
Industries
Market / IPO context
Ticker: IQMX (Nasdaq)
IPO status: public
IPO date: 2026-07-02
Note: Listing followed a business combination. Approximately $233.5M net proceeds included $145.5M PIPE proceeds; neither figure is an equity valuation.
Editorial / static context — not a live quote.
FAQs about IQM Quantum Computers
Practical answers founders, operators, and investors typically search for.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.