Official announcements from QMill or participating venture capital firms

Finnish Quantum Startup QMill Raises €4M ($4.5M) in Seed Funding

Sep 17, 2024, 08:08 AM

QMill, a pioneering quantum computing startup based in Espoo, Finland, has successfully raised €4 million ($4.5 million) in seed funding. The funding round saw participation from notable venture capital firms including Antler Global, Maki Ventures, and Kvanted Ventures. QMill aims to develop practical quantum algorithms for immediate industrial use, positioning itself as a key player in delivering near-term industrial quantum advantage. The startup's pitch deck was instrumental in securing the investment.