Close

Sign in
Sign up

Menu

Data Search
Content
Startup Concierge
Newsletters
Get intel

Home
News
IQM raised $320M in Series B funding led by Ten Eleven Ventures, joined by Tesi, Elo Mutual, Varma Pension, Schwarz Group, Winbond, EIC, and Bayern Kapital

IQM raised $320M in Series B funding led by Ten Eleven Ventures, joined by Tesi, Elo Mutual, Varma Pension, Schwarz Group, Winbond, EIC, and Bayern Kapital

Hardware Manufacturing

Denmark

Finland

Germany

United States

Belgium

Investments

28 August 2025

Share:

Interested in more dealflow and deeper data sets from Europe? Please consider joining Nordic 9!

IQM Finland (company)

Finland

Hardware Manufacturing

Total investments received (USD): 395.96M

Round value (USD): 320M

Round investors: Tesi Bayern Kapital Varma Pension Fund Ten Eleven Ventures EIC Fund Schwarz Group Elo Mutual Pension Insurance Winbond Electronics 55 North Ventures Fund

Company: IQM Finland

Industry: Hardware Manufacturing

Related deals

ecoRobotix raised €90 million Series D led by Highland Europe, with The European Circular Bioeconomy Fund (ECBF) and McWin Capital Partners

Agriculture AI (big data) Competitive Intelligence Hardware Manufacturing Robotics Software Services

Switzerland

Germany

United Kingdom

Czech Republic

Investments 02 October 2025

Nothing closed a Series C round of $200 million led by Tiger Global, joined by GV, Highland Europe, EQT Ventures, Latitude, I2BF, and Tapestry

Ecommerce Electronics Hardware Manufacturing Telecom

Sweden

United Kingdom

United States

Russia

India

Investments 05 September 2025

Oura raised $900 million Series E led by Fidelity, joined by Elysian Park Ventures, Iconiq, Whale Rock, Atreides, and Dexcom.

Health services Wearable

Finland

United States

Investments 05 September 2025

Quantinuum raised $600m at a $10b valuation with Honeywell, Quanta Computer, NVentures, JPMorgan, Mitsui, and Amgen.

Hardware Manufacturing Software Services

United Kingdom

United States

Japan

Singapore

South Korea

Investments 28 August 2025

Cambridge Aerospace closed a $100mn round led by Spark Capital, valuing the start-up at about $400mn

Airline Industry Hardware Manufacturing Security Software Services

Sweden

Switzerland

United Kingdom

United States

Investments 14 August 2025

Sidebar

Verticals

Financial Services
Food Industry
Education
E-commerce
Health services
Marketplace

Benelux

Belgium
Netherlands

DACH

Austria
Germany
Switzerland

Nordics and Baltics

Denmark
Estonia
Finland
Iceland
Latvia
Lithuania
Norway
Sweden

Western Europe

France
Ireland
Italy
Portugal
Spain
United Kingdom

About
Contact
Terms of service
Privacy policy

© All rights reserved Nordic 9 2016-2025. Made with in Stockholm

Top