IQM Raises PIPE to $146m with Finnish Pension Fund Backing

IQM raises PIPE to $146m with Finnish pension fund backing

Finnish quantum firm IQM has bolstered its pre-listing war chest to $146m with backing from pension giant Ilmarinen. Read more: IQM raises PIPE to $146m with Finnish pension fund backing

IQM, a Global Leader in Quantum Computing, and Real Asset Acquisition Corp. Announce Upsized USD 146 million PIPE with New Commitment from Ilmarinen

PRINCETON, N.J. & ESPOO, Finland--(BUSINESS WIRE)--Jun 2, 2026-

IQM Upsizes SPAC Merger PIPE Financing to $146 Million with Capital Commitment from Pension Insurer Ilmarinen

Espoo-based hardware developer IQM Finland Oy and special purpose acquisition company Real Asset Acquisition Corp. (Nasdaq: RAAQ) have reopened and upsized their Private Investment in Public Equity (PIPE) allocation to $146 million. The capital expansion is driven by a new institutional investment from Ilmarinen, one of Finland’s largest private earnings-related pension insurance companies, supplementing the [...] The post IQM Upsizes SPAC Merge…

Pension insurer Ilmarinen joins $146M quantum computing PIPE at IQM

New Ilmarinen investment lifts IQM's PIPE above $146M, valuing quantum computing firm at $1.8B and cash up to €406M at completion.

IQM, a Global Leader in Quantum Computing, and Real Asset Acquisition ...