QMill raised $4.5 million in seed funding to develop energy-efficient algorithms for quantum computing, led by a team including former Nokia CTO Hannu Kauppinen.
Amount Raised
$4.5 Million
Round Type
Seed
EspooEnergyFinancial ServicesArtificial IntelligenceDescription
QMill, a Finnish quantum computing startup, has raised $4.5 million in seed funding. The funding will help the company develop algorithms to improve accessibility and efficiency in sectors like financial services and telecoms.
Quick answer
QMill raised $4.5 Million in a Seed round, dated September 17, 2024. QMill is based in Espoo, Uusimaa, Finland.
- How much did QMill raise?
- QMill raised $4.5 Million in a Seed round on September 17, 2024.
- What does QMill do?
- QMill is a Finnish quantum-computing company founded in 2024, dedicated to developing quantum algorithms that provide near-term, practical benefits for industrial applications.
- Where is QMill based and how big is it?
- QMill is based in Espoo, Uusimaa, Finland.
- Who are the decision-makers at QMill?
- Fundz holds 1 contact at QMill. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Financial Services around the same time
Companies in the same sectors as QMill that raised within 45 days of this round, from Fundz verified event records.
- Auquan raised $4.5M (Seed) on October 29, 2024.
- Ascent Solar Technologies raised $1.9M (Seed) on October 17, 2024.
- KoBold Metals raised $491M (Funding Round) on October 10, 2024.
- Beeline Holdings raised $56M on October 7, 2024.
- Soluna Holdings raised $25M (Series B) on October 3, 2024.
- Desia raised $3.3M (Pre-Seed) on September 25, 2024.
Who to call at QMill, and when
A new round usually means QMill is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day QMill raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QMill, from your own LinkedIn network
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Related People
QMill raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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