VTT Startups Secure €445M Funding; IQM Leads with €275M for Quantum Computing
In 2025, VTT-originating startups attracted €445 million in equity funding, highlighting confidence in Finnish deeptech. Notably, IQM secured €275 million, marking the largest Series B investment in Europe's quantum sector. VTT and IQM are developing a 150-qubit quantum computer by mid-2026. Startups Volare, Steady Energy, and Onego Bio are advancing projects in Finland and the U.S. VTT is enhancing its startup ecosystem through initiatives like VTT LaunchPad to foster global growth.
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In 2025, VTT-originating startups attracted €445 million in equity funding, underscoring strong market confidence in Finnish deeptech. IQM raised €275 million, the largest Series B investment in Europe's quantum computing sector and Finland's largest ever.
IQM and VTT are collaborating on a 150-qubit superconducting quantum computer, expected by mid-2026, to integrate into Finland's high-performance computing infrastructure. Volare is constructing an insect protein plant in Pori, Steady Energy is building a small modular reactor heating plant in Helsinki, and Onego Bio plans a fermentation-derived egg-free protein facility in Wisconsin.
SemiQon is developing silicon-based quantum hardware, leveraging VTT's technology. VTT LaunchPad incubates startups based on its technologies for global expansion.
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