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White quantum computers

Quantum tech startup IQM wins startup of the year award at Nordic Startup Awards

Espoo-based quantum tech startup IQM wins startup of the year award at Nordic Startup Awards. (Image: IQM)

Quantum tech laboratory behind two glass doors with two people inside wearing white lab overalls

IQM’s quantum processor facility gets a €35 million boost from EIB

IQM receives €35 million from The European Investment Bank (EIB) to accelerate the development of its quantum processor fabrication facility in Espoo, Finland. The quantum facility is the first of its kind in Europe.

A photo of the Gulf of Mexico taken from outer space.

Finland launches its first science satellite into space

The Finnish Centre of Excellence in Research of Sustainable Space has developed the first Finnish science satellite, Foresail-1, that will be launched into space from Florida, US, on SpaceX Falcon 9 in 2022.

Circuit board.

Espoo is 6th among European cities that applied for most patents in 2021

Espoo is 6th among European cities that applied for most patents in 2021. From Espoo-based companies, Nokia made the global top 50.

A hand holding a mirror material.

Espoo is 6th in patents in Europe

Espoo applied for 1 252 patents in 2021. The total is the sixth most in Europe, following Munich, Paris, Eindhoven, London and Stockholm.

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Espoo startups received €440 million in investments in 2021

Espoo-based companies received investments of €440.1 million in 2021. The top 5 funding earners were Enfuce, Infinited Fiber Company, Dispelix, ICEYE, and Fiksuruoka.

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VTT coordinates Finland's new quantum technology project

VTT leads the QuTI project — Finland's new quantum technology project looking to advance the field. The project brings together the heavy-hitters of Finnish quantum tech, including Espoo-based Aalto University, CSC – IT Center for Science, and IQM Quantum Computers.

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Enfuce wins €45 million investment round

Enfuce wins a €45 million Series C investment round. Enfuce is Europe's leading European Card-as-a-Service platform.

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Finland's first quantum computer is now up and running in Espoo

VTT Technical Research Centre of Finland and IQM have built Finland's first 5-qubit quantum computer. The two Espoo-based players will construct a 50-qubit quantum computer by 2024.

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VTT coordinates new quantum tech business network BusinessQ

Finland is grabbing a good hold of quantum tech business opportunities by setting up a company network BusinessQ. VTT coordinates the new quantum network.

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VTT and IQM will build Finland’s first quantum computer in Espoo

VTT and IQM will build Finland’s first quantum computer in Espoo's innovation ecosystem. The 50-qubit quantum computer will be built at the Micronova Center for Applied Micro and Nanotechnology.

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InstituteQ will bolster quantum science in Finland — Aalto University and VTT team up with Helsinki University

InstituteQ is a new conglomerate dedicated to quantum science research in Finland. The institute is a joint venture of Aalto University, the University of Helsinki, and VTT.

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