IQM Upsizes PIPE Financing to $146 Million with Ilmarinen

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IQM Announces Upsized $146 Million PIPE Investment

Princeton, NJ and Espoo, Finland - IQM Quantum Computers (IQM), a global leader in full-stack superconducting quantum computing, and its SPAC partner, Real Asset Acquisition Corp. (Nasdaq: RAAQ), have announced an increase in their private investment in public equity (PIPE) financing.

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About IQM Finland Oy

IQM Finland Oy (“IQM”, “IQM Quantum Computers”, “Company”) is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its systems. IQM customers include leading high-performance computing centres, research laboratories, universities, and enterprises that require full access to quantum hardware and software. IQM has over 300 employees, with headquarters in Finland and a global presence including France, Germany, Italy, Japan, Poland, Saudi Arabia, Spain, Singapore, South Korea, Taiwan, UK and the United States.

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