On the eve of the IPO in the U.S., BlackRock Fund invested approximately $57 million in IQM Quantum Computing.

MaticHoleFiller · 2026-03-30T18:03:08+00:00

IQM Quantum Computing secures €50 million in funding to accelerate global expansion and plans to go public in the United States. CEO Jan Gutz stated that this funding will support business growth and technological R&D. IQM's sales doubled last year, and they see great potential for quantum technology in tech strategies. BlackRock pointed out that the integration of quantum computing and artificial intelligence will reshape computing capabilities.

MaticHoleFiller

2026-03-30 18:03:08

Abstract generation in progress

Before IQM, a quantum computing company, plans to list in both the U.S. and the Helsinki Stock Exchange, it has raised €50 million (about $57.64 million) in risk financing from funds and accounts managed by BlackRock to accelerate its global business expansion.

In February this year, IQM said it plans to merge later this year with a special purpose acquisition company, Real Asset Acquisition Corp., to go public on U.S. stock markets, with an initial equity valuation of about $1.8 billion.

In another social media post on Thursday, BlackRock said quantum computing represents “the next era of computing.”

IQM CEO Yang Gartz said the additional funding announced on Monday will help the Finnish firm scale up operations, speed up chip and technology research and development, and strengthen its market position.

Speaking to Reuters, he said: “This is essentially about accelerating our pace of commercial expansion and driving us toward profitability.”

The core of a technology strategy

IQM, which sells quantum computers and provides cloud computing time services, more than doubled its sales last year to about $35 million, and said that by year-end, the value of orders had already exceeded $100 million.

On hardware sales, Gartz said: “We have not yet fully tapped the market potential across the entire private data center sector.”

He added: “Quantum technology has become the core of technology strategies around the world.”

Tony King, head of the global technology team at BlackRock Investment Management Group’s fundamental equities division, said in another video remarks that artificial intelligence and quantum computing differ fundamentally in how they solve problems.

“Artificial intelligence is based on data inference, while quantum computing is based on inference according to physical laws. And when combined, the two are expected to reshape the boundaries of computing capability,” King said.

Massive amounts of information and precise interpretation—available in the Sina Finance App

Responsible editor: Li Zhaofu

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes