VTT Startups Secure €445M Funding; IQM Leads with €275M for Quantum Computing
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.
