A Finnish quantum computing startup, IQM, just hit the big time. They snagged a whopping $320M in funding, pushing their value over $1B. Pretty wild, right? It's got people buzzing about quantum tech again.

Ten Eleven Ventures led the charge. Seems like everyone's scrambling to back the next quantum superstar. IQM's got plans. They're eyeing the US market, beefing up their data centers, and doubling down on chip making back home.

This isn't just some pie-in-the-sky idea. IQM's already got a 5-qubit computer out there. It's called Spark. They've even got systems pushing 150 qubits. Not too shabby for a university spin-off.

Finland's become a bit of a quantum hotspot. IQM's teamed up with VTT, the country's tech research center. They're all about making quantum work in the real world.

Money's pouring into quantum. Over $1.25B in just the first quarter of 2025. Looks like it's not just about research anymore. People want results.

IQM's not alone in the funding frenzy. Quantinuum in the UK scored $594M. Alice&Bob in France? $100M. Investors are betting big on quantum's potential to shake things up.

It's kind of a big deal for crypto too. Quantum computers could change the game for encryption and blockchain. Some folks are excited, others... not so much.

IQM's definitely made its mark. They're in the big leagues now. Quantum computing's moving fast. Who knows where it'll go next?