{"id":3095582,"date":"2026-02-23T08:41:22","date_gmt":"2026-02-23T16:41:22","guid":{"rendered":"https:\/\/techcrunch.com\/?p=3095582"},"modified":"2026-02-23T12:04:57","modified_gmt":"2026-02-23T20:04:57","slug":"finnish-quantum-unicorn-iqm-set-to-go-public","status":"publish","type":"post","link":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","title":{"rendered":"Finnish quantum unicorn IQM set to go public"},"content":{"rendered":"\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Finnish unicorn <a href=\"https:\/\/meetiqm.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">IQM<\/a> today announced plans to go public via a special purpose acquisition company (SPAC), valuing the company at approximately $1.8 billion. The move will see IQM join the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0<\/p>\n\n<p class=\"wp-block-paragraph\">Founded in 2018 as a spinout from Finland\u2019s Aalto University and VTT Technical Research, IQM commercializes both on-premises full-stack quantum computers and a cloud platform to access its systems, with clients including academic and industrial labs around the world.<\/p>\n\n<p class=\"wp-block-paragraph\">Public quantum companies <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-13\/infleqtion-s-public-debut-to-test-quantum-frenzy-s-staying-power\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">have seen their stocks surge in recent months<\/a>, fueled by signals from governments and Big Tech that the \u201cquantum advantage\u201d over regular supercomputers may soon be within reach. This has led believers to <a href=\"https:\/\/techcrunch.com\/2026\/02\/22\/quantonations-double-sized-second-fund-shows-quantum-still-has-believers\/\" target=\"_blank\" rel=\"noreferrer noopener\">double down<\/a>, with the conviction that the field will soon have lucrative real-life applications in life sciences, new materials, and more.<\/p>\n\n<p class=\"wp-block-paragraph\">Going public will provide IQM with an extended runway to support its commercial plans. The company reported $35 million in 2025 revenue and over $100 million in bookings. With the close of this transaction, its cash position will exceed $450 million. But the company could also see its market cap trend upward or downward, depending on how investor appetite for quantum stocks has evolved when it begins trading.<\/p>\n\n<p class=\"wp-block-paragraph\">With industrial applications still years away, questions remain as to whether the current quantum frenzy will last. These questions arise to an even greater extent because most of these companies went public via SPACs \u2014 a route that is faster than a traditional IPO, but that peaked in 2021 and left many investors nursing losses in its wake.<\/p>\n\n<p class=\"wp-block-paragraph\">Despite this sour aftertaste, quantum SPACs are back in fashion. Earlier this month, neutral-atom quantum company Infleqtion <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-17\/quantum-firm-infleqtion-jumps-in-debut-after-klein-led-spac-deal\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">jumped in its debut<\/a> on the New York Stock Exchange (NYSE) via a SPAC, with Canadian firm Xanadu Quantum Technologies planning to go public via a SPAC on the Nasdaq by the end of March.\u00a0<\/p>\n\n<p class=\"wp-block-paragraph\">Now, IQM is following in their footsteps but considers entering the public markets on both a U.S. and Nordic exchange. In the U.S., it may go public either on the Nasdaq or on the NYSE \u2014 the blank check company, in its case, is a Nasdaq-listed vehicle, Real Asset Acquisition Corp., but as a foreign company, it will list American Depositary Shares, and the listing is subject to approval.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n\t<div class=\"inline-cta__wrapper\">\n\t\t<div class=\"inline-cta__logo\">\n\t\t\t<svg aria-hidden=\"true\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"41\" height=\"20\" fill=\"none\" viewBox=\"0 0 41 20\"><path fill=\"#fff\" d=\"M0 0v6.452h7.097V20h7.097V6.452h6.451V0zM27.742 13.548V6.452h-7.097V20h20v-6.452zM40.645 0H27.742v6.452h12.903z\"\/><\/svg>\t\t<\/div>\n\t\t<div class=\"inline-cta__flag\">Techcrunch event<\/div>\n\t\t<div class=\"inline-cta__content\">\n\t\t\t<div class=\"inline-cta__header-container\">\n\t\t\t\t<div class=\"inline-cta__header-container-desktop\">\n\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"inline-cta__header has-h-5-font-size\">Save up to $300 or 30% to TechCrunch Founder Summit<\/h3>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"inline-cta__subheader\">1,000+<strong> founders<\/strong> and investors come together at <strong>TechCrunch Founder Summit 2026<\/strong> for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediately.<br><br>Offer ends March 13.<\/h4>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"inline-cta__header-container-mobile\">\n\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"inline-cta__header has-h-5-font-size\">Save up to $300 or 30% to TechCrunch Founder Summit<\/h3>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<h4 class=\"inline-cta__subheader\">1,000+<strong> founders<\/strong> and investors come together at <strong>TechCrunch Founder Summit 2026<\/strong> for a full day focused on growth, execution, and real-world scaling. Learn from founders and investors who have shaped the industry. Connect with peers navigating similar growth stages. Walk away with tactics you can apply immediately<br><br>Offer ends March 13.<\/h4>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t<div class=\"inline-cta__event-info\">\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">Boston, MA<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">June 9, 2026<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<div class=\"inline-cta__register-button\">\n\t\t\t\t\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a data-ctaText=\"REGISTER NOW\" data-destinationLink=\"https:\/\/techcrunch.com\/events\/techcrunch-founder-summit-2026\/?utm_source=tc&amp;utm_medium=ad&amp;utm_campaign=tcfoundersummit2026&amp;utm_content=seb&amp;promo=tc_inline_seb&amp;display=\" data-event=\"button\" class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/techcrunch.com\/events\/techcrunch-founder-summit-2026\/?utm_source=tc&amp;utm_medium=ad&amp;utm_campaign=tcfoundersummit2026&amp;utm_content=seb&amp;promo=tc_inline_seb&amp;display=\" target=\"_blank\" rel=\"noreferrer noopener\">REGISTER NOW<\/a><\/div>\n<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n<p class=\"wp-block-paragraph\">According to <a href=\"https:\/\/www.crunchbase.com\/organization\/iqm\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crunchbase<\/a>, IQM has raised some $569.1 million to date. Its latest funding round was a <a href=\"https:\/\/techcrunch.com\/2025\/09\/03\/brand-new-unicorn-iqm-sets-its-sights-beyond-europe-for-its-quantum-computers\/\" target=\"_blank\" rel=\"noreferrer noopener\">$320 million Series B<\/a> led by U.S. investment firm Ten Eleven Ventures with participation from Finnish investment firm Tesi, Schwarz Group, Winbond Electronics Corporation, EIC, Bayern Kapital, and World Fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0<\/p>\n","protected":false},"author":133574450,"featured_media":3095588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tc-featured-article":false,"tc-header-option":"","tc-breaking-news":false,"tc-article-brief":false,"carmot_uuid":"","apple_news_api_created_at":"2026-02-23T16:41:28Z","apple_news_api_id":"8f632d41-b49b-4aaf-9e04-a270e6c4444b","apple_news_api_modified_at":"2026-02-23T20:04:45Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAAAA==","apple_news_api_share_url":"https:\/\/apple.news\/Aj2MtQbSbSq-eBKJw5sRESw","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"tc_subtitle":"","tc_featured_image_disabled":false,"tc_exclude_from_rss_feed":false,"tc_exclude_from_content_rivers":false,"footnotes":""},"categories":[449557044],"tags":[11084,576797520,79583,576799940],"tc_region":[577037503,577037509],"tc_event":[],"tc_storyline_tax":[],"coauthors":[576872061],"class_list":["post-3095582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise","tag-finland","tag-iqm","tag-quantum-computing","tag-spacs","tc_region-europe","tc_region-united-states"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v25.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Finnish quantum unicorn IQM set to go public | TechCrunch<\/title>\n<meta name=\"description\" content=\"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finnish quantum unicorn IQM set to go public | TechCrunch\" \/>\n<meta property=\"og:description\" content=\"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\" \/>\n<meta property=\"og:site_name\" content=\"TechCrunch\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techcrunch\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-23T16:41:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-23T20:04:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg?resize=1200,675\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Heim\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TechCrunch\" \/>\n<meta name=\"twitter:site\" content=\"@TechCrunch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anna Heim\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\"},\"author\":{\"name\":\"Anna Heim\",\"@id\":\"https:\/\/techcrunch.com\/#\/schema\/person\/fe5987bf960931f622bb9c1571a07d97\"},\"headline\":\"Finnish quantum unicorn IQM set to go public\",\"datePublished\":\"2026-02-23T16:41:22+00:00\",\"dateModified\":\"2026-02-23T20:04:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\"},\"wordCount\":433,\"publisher\":{\"@id\":\"https:\/\/techcrunch.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg\",\"keywords\":[\"finland\",\"IQM\",\"quantum computing\",\"SPACs\"],\"articleSection\":[\"Enterprise\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\/\/techcrunch.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\",\"url\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\",\"name\":\"Finnish quantum unicorn IQM set to go public | TechCrunch\",\"isPartOf\":{\"@id\":\"https:\/\/techcrunch.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg\",\"datePublished\":\"2026-02-23T16:41:22+00:00\",\"dateModified\":\"2026-02-23T20:04:57+00:00\",\"description\":\"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage\",\"url\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg\",\"contentUrl\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg\",\"width\":3840,\"height\":2159,\"caption\":\"IQM Radiance\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/techcrunch.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finnish quantum unicorn IQM set to go public\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/techcrunch.com\/#website\",\"url\":\"https:\/\/techcrunch.com\/\",\"name\":\"TechCrunch\",\"description\":\"Startup and Technology News\",\"publisher\":{\"@id\":\"https:\/\/techcrunch.com\/#organization\"},\"alternateName\":\"TC\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/techcrunch.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/techcrunch.com\/#organization\",\"name\":\"TechCrunch\",\"alternateName\":\"TC\",\"url\":\"https:\/\/techcrunch.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/techcrunch.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2018\/04\/tc-logo-2018-square-reverse2x.png?resize=1200,1200\",\"contentUrl\":\"https:\/\/techcrunch.com\/wp-content\/uploads\/2018\/04\/tc-logo-2018-square-reverse2x.png?resize=1200,1200\",\"width\":1200,\"height\":1200,\"caption\":\"TechCrunch\"},\"image\":{\"@id\":\"https:\/\/techcrunch.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/techcrunch\",\"https:\/\/x.com\/TechCrunch\",\"https:\/\/mstdn.social\/@TechCrunch\",\"https:\/\/bsky.app\/profile\/techcrunch.com\",\"https:\/\/www.threads.net\/@techcrunch\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/techcrunch.com\/#\/schema\/person\/fe5987bf960931f622bb9c1571a07d97\",\"name\":\"Anna Heim\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/techcrunch.com\/#\/schema\/person\/image\/33bfcedf3fd350f7b320ea49e7507d4b\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1902b64c76ad9b4e64e0ddcff938d41a1db3e3ba1e0bea54418fcdc95077e90e?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1902b64c76ad9b4e64e0ddcff938d41a1db3e3ba1e0bea54418fcdc95077e90e?s=96&d=identicon&r=g\",\"caption\":\"Anna Heim\"},\"url\":\"https:\/\/techcrunch.com\/author\/anna-heim\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Finnish quantum unicorn IQM set to go public | TechCrunch","description":"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","og_locale":"en_US","og_type":"article","og_title":"Finnish quantum unicorn IQM set to go public | TechCrunch","og_description":"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0","og_url":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","og_site_name":"TechCrunch","article_publisher":"https:\/\/www.facebook.com\/techcrunch","article_published_time":"2026-02-23T16:41:22+00:00","article_modified_time":"2026-02-23T20:04:57+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg?resize=1200,675","type":"image\/jpeg"}],"author":"Anna Heim","twitter_card":"summary_large_image","twitter_creator":"@TechCrunch","twitter_site":"@TechCrunch","twitter_misc":{"Written by":"Anna Heim","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#article","isPartOf":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/"},"author":{"name":"Anna Heim","@id":"https:\/\/techcrunch.com\/#\/schema\/person\/fe5987bf960931f622bb9c1571a07d97"},"headline":"Finnish quantum unicorn IQM set to go public","datePublished":"2026-02-23T16:41:22+00:00","dateModified":"2026-02-23T20:04:57+00:00","mainEntityOfPage":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/"},"wordCount":433,"publisher":{"@id":"https:\/\/techcrunch.com\/#organization"},"image":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage"},"thumbnailUrl":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg","keywords":["finland","IQM","quantum computing","SPACs"],"articleSection":["Enterprise"],"inLanguage":"en-US","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/techcrunch.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","url":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","name":"Finnish quantum unicorn IQM set to go public | TechCrunch","isPartOf":{"@id":"https:\/\/techcrunch.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage"},"image":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage"},"thumbnailUrl":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg","datePublished":"2026-02-23T16:41:22+00:00","dateModified":"2026-02-23T20:04:57+00:00","description":"Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion \u2014 joining the growing cohort of quantum computing companies listed on U.S. stock markets.\u00a0","breadcrumb":{"@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#primaryimage","url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg","contentUrl":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg","width":3840,"height":2159,"caption":"IQM Radiance"},{"@type":"BreadcrumbList","@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/techcrunch.com\/"},{"@type":"ListItem","position":2,"name":"Finnish quantum unicorn IQM set to go public"}]},{"@type":"WebSite","@id":"https:\/\/techcrunch.com\/#website","url":"https:\/\/techcrunch.com\/","name":"TechCrunch","description":"Startup and Technology News","publisher":{"@id":"https:\/\/techcrunch.com\/#organization"},"alternateName":"TC","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/techcrunch.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/techcrunch.com\/#organization","name":"TechCrunch","alternateName":"TC","url":"https:\/\/techcrunch.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/techcrunch.com\/#\/schema\/logo\/image\/","url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2018\/04\/tc-logo-2018-square-reverse2x.png?resize=1200,1200","contentUrl":"https:\/\/techcrunch.com\/wp-content\/uploads\/2018\/04\/tc-logo-2018-square-reverse2x.png?resize=1200,1200","width":1200,"height":1200,"caption":"TechCrunch"},"image":{"@id":"https:\/\/techcrunch.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/techcrunch","https:\/\/x.com\/TechCrunch","https:\/\/mstdn.social\/@TechCrunch","https:\/\/bsky.app\/profile\/techcrunch.com","https:\/\/www.threads.net\/@techcrunch"]},{"@type":"Person","@id":"https:\/\/techcrunch.com\/#\/schema\/person\/fe5987bf960931f622bb9c1571a07d97","name":"Anna Heim","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/techcrunch.com\/#\/schema\/person\/image\/33bfcedf3fd350f7b320ea49e7507d4b","url":"https:\/\/secure.gravatar.com\/avatar\/1902b64c76ad9b4e64e0ddcff938d41a1db3e3ba1e0bea54418fcdc95077e90e?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1902b64c76ad9b4e64e0ddcff938d41a1db3e3ba1e0bea54418fcdc95077e90e?s=96&d=identicon&r=g","caption":"Anna Heim"},"url":"https:\/\/techcrunch.com\/author\/anna-heim\/"}]}},"parsely":{"version":"1.1.0","canonical_url":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Finnish quantum unicorn IQM set to go public","url":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/","mainEntityOfPage":{"@type":"WebPage","@id":"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/"},"thumbnailUrl":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg?w=150","image":{"@type":"ImageObject","url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg"},"articleSection":"Enterprise","author":[{"@type":"Person","name":"Anna Heim"}],"creator":["Anna Heim"],"publisher":{"@type":"Organization","name":"TechCrunch","logo":"https:\/\/techcrunch.com\/wp-content\/uploads\/2015\/02\/cropped-cropped-favicon-gradient.png"},"keywords":["finland","quantum computing","iqm","spacs"],"dateCreated":"2026-02-23T16:41:22Z","datePublished":"2026-02-23T16:41:22Z","dateModified":"2026-02-23T20:04:57Z"},"rendered":"<meta name=\"parsely-title\" content=\"Finnish quantum unicorn IQM set to go public\" \/>\n<meta name=\"parsely-link\" content=\"https:\/\/techcrunch.com\/2026\/02\/23\/finnish-quantum-unicorn-iqm-set-to-go-public\/\" \/>\n<meta name=\"parsely-type\" content=\"post\" \/>\n<meta name=\"parsely-image-url\" content=\"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg?w=150\" \/>\n<meta name=\"parsely-pub-date\" content=\"2026-02-23T16:41:22Z\" \/>\n<meta name=\"parsely-section\" content=\"Enterprise\" \/>\n<meta name=\"parsely-tags\" content=\"finland,quantum computing,iqm,spacs\" \/>\n<meta name=\"parsely-author\" content=\"Anna Heim\" \/>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/techcrunch.com\/p.js"},"jetpack_featured_media_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/02\/IQM-MediaAsset-Radiance-7.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/posts\/3095582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/users\/133574450"}],"replies":[{"embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/comments?post=3095582"}],"version-history":[{"count":4,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/posts\/3095582\/revisions"}],"predecessor-version":[{"id":3095798,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/posts\/3095582\/revisions\/3095798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/media\/3095588"}],"wp:attachment":[{"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/media?parent=3095582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/categories?post=3095582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/tags?post=3095582"},{"taxonomy":"tc_region","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/tc_region?post=3095582"},{"taxonomy":"tc_event","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/tc_event?post=3095582"},{"taxonomy":"tc_storyline_tax","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/tc_storyline_tax?post=3095582"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/techcrunch.com\/wp-json\/wp\/v2\/coauthors?post=3095582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}