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IQM Quantum Computers, based in Espoo, has raised $320 million in Series B funding, bringing its total funding to $600 million. The funding will be used to expand operations in the U.S. and other international markets, scale production, and further research on error correction and large-scale quantum architectures.
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Altan, a Barcelona-based platform that assembles teams of AI agents to autonomously design, build and operate software, has raised $2.5 million in a pre-seed round. The platform enables users to describe a product via text or voice, and Altan orchestrates AI squads to design, build, and deploy production-ready applications.
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The United States is planning to impose high metal tariffs, which will negatively affect the Finnish industry.
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A new electric car brand has arrived in Europe, with one of its models available for under €30,000.
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Finnish deep-tech innovators have collectively raised over EUR 100 million in funding.