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FirstQFM AB has raised €1.2 million in pre-seed funding led by BSV Ventures to enhance its quantum computing technology. The funding will support the development of patent-pending AI models.

PRIVATEOct 11, 2025

Amount Raised

€1.2 Million

Round Type

Pre-Seed

StockholmSoftwareArtificial IntelligenceMachine Learning

Investors

Luminar VenturesFurther Than CapitalAlmi InvestBSV Ventures

Description

FirstQFM AB, a quantum technology company based in Stockholm, has secured €1.2 million in pre-seed funding. Led by BSV Ventures, with participation from Almi Invest, Further than Capital, and Luminar Ventures, this funding will accelerate the development of their proprietary AI foundation models. These advancements aim to enhance the performance of quantum computers for various applications. CEO Vish Ramakrishnan stated the funding will support ongoing pilot projects and improve technology usage in the NISQ era.

Quick answer

FirstQFM raised €1.2 Million in a Pre-Seed round, dated October 11, 2025. Investors: Luminar Ventures, Further Than Capital, Almi Invest and BSV Ventures. FirstQFM is based in Stockholm, Stockholm County, Sweden.

How much did FirstQFM raise?
FirstQFM raised €1.2 Million in a Pre-Seed round on October 11, 2025.
Who invested in FirstQFM?
Luminar Ventures, Further Than Capital, Almi Invest and BSV Ventures are named as investors in this round.
What does FirstQFM do?
FirstQFM AB is a Stockholm-based quantum technology company developing machine learning foundation models that enhance the performance and scalability of quantum computers.
Where is FirstQFM based and how big is it?
FirstQFM is based in Stockholm, Stockholm County, Sweden. Fundz records about 4 employees.
Who are the decision-makers at FirstQFM?
Fundz holds 1 contact at FirstQFM, including the Chief Technology Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as FirstQFM that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $2.3B (Funding Round) on November 13, 2025.
  • Momentic raised $15M (Series A) on November 24, 2025.
  • Vivent Biosignals raised an undisclosed amount on November 24, 2025.
  • Opti raised $20M (Seed) on November 24, 2025.
  • Buildroid AI raised $2M (Pre-Seed) on November 24, 2025.
  • Physical Intelligence raised $600M (Funding Round) on November 21, 2025.

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Company Information

Company

FirstQFM

Location

Stockholm, Stockholm County, Sweden

About

FirstQFM AB is a Stockholm-based quantum technology company developing machine learning foundation models that enhance the performance and scalability of quantum computers. The company aims to accelerate the commercial capabilities of quantum computing using its proprietary technology. With a global workforce and partnerships, FirstQFM is advancing quantum computing towards real-world applications across various industries.

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Related People

1 contact
Verified contactsIsaiah H., Chief Technology OfficerSee plans and pricing
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