Tech
Quantum Systems raises $1.2B, IQM becomes first European quantum company on major US exchange, and European startup
In European tech news, Quantum Systems raised $1.2 billion at an $8 billion valuation.
Key takeaways
- Quantum Systems raised $1.2B at an $8B valuation.
- IQM is the first European quantum computing company to list on a major US exchange.
- InSoil landed €120M to expand regenerative agriculture lending.
- Openchip secured a €115M SETT investment to strengthen Europe's semiconductor capabilities.
- Ipsen is acquiring Memo Therapeutics for up to €700M.
In European tech news, Quantum Systems raised $1.2 billion at an $8 billion valuation. Meanwhile, IQM became the first European quantum computing company to list on a major US exchange. Other notable deals include InSoil landing €120 million for regenerative agriculture lending, Openchip securing a €115 million SETT investment, and Ipsen acquiring Memo Therapeutics for up to €700 million. Additionally, Wayve undertook an $85 million employee tender offer.
By the numbers
- $1.2B
- Funding raised by Quantum Systems
- $8B
- Valuation of Quantum Systems
- €1.6B
- Total value of tracked European tech funding deals
- 55+
- Number of tracked European tech funding deals
- €120M
- Funding landed by InSoil for regenerative agriculture
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