Finnish Quantum Computing Unicorn IQM Plans $1.8B Public Debut

What Happened IQM Quantum Computers, based in Espoo, Finland, revealed its intention to go public via SPAC merger in February 2026, with an estimated valuation of $1.8 billion. The company specializes in superconducting quantum processors and provides both quantum hardware systems and cloud-based quantum computing services to research institutions and enterprises. Founded in 2018, IQM has established itself as Europe’s leading quantum computing company, developing quantum processors for both on-premises installations and cloud access.