IQM, a Global Leader in Quantum Computing, and Real Asset Acquisition Corp. Announce Upsized USD 146 million PIPE with New Commitment from Ilmarinen
Summary
IQM and Real Asset Acquisition Corp. announced an upsized USD 146 million PIPE after adding a new commitment from Ilmarinen. The company plans to use the additional capital to accelerate its technology and commercial development toward fault-tolerant quantum computing. IQM says the funding supports its product readiness and customer deployments as it prepares for a public listing through a SPAC merger. The deal positions IQM to scale its quantum computing business and expand its market presence in the U.S. and Finland.
Funding
Amount
$146.0M
Total raised
Date
June 2, 2026
Announcement date
Investors
Banque Martin Maurel, Cowen Group, Cooley, Perkins Coie, DLA Piper, Ilmarinen
Lead investors
Company
iqm.tech
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
Quantum Computing Software
Cloud Platform
Developer Tools
Linked Companies
IQM Quantum Computers
$25M to $50M