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The first to unlock quantum advantage

Quantum computers will solve intractable computational problems in novel ways that are beyond the capabilities of existing classical computers.

Our technology


Quantum computing has the potential to revolutionize global industries. The field is not mature yet, as quantum computers are still under development. Our technology will accelerate the beneficial use of quantum computing with algorithms that are already useful in the current noisy intermediate-scale quantum (NISQ) era.


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Our product


QMill develops quantum-advantage algorithms which will be executed on near-term quantum computers to solve complex problems that are too large for existing supercomputers. Quantum algorithms are programs that can be run as quantum circuits in a quantum computer. Running useful quantum circuits on supercomputers is exponentially difficult, which gives a significant advantage to quantum computers.


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About us


QMill will trigger the era of practical quantum advantage with new quantum algorithms for the noisy intermediate-scale quantum (NISQ) era.


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Team & careers


Our talented team spanning various industries and skillsets is based in Espoo, Finland, a growing quantum hub known for its strong technological ecosystem and quantum talent.


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Latest news

Algorithm startup QMill vows to become ‘first to provide quantum advantage’

The Finnish newcomer just raised €4mn to develop algorithms that run on near-term quantum computers

QMill, a Finnish quantum computing startup, just raised $4.5 million in seed funding with this pitch deck

QMill, a Finnish quantum startup, has raised seed funding to apply practical use cases in the quantum computing sector.

Kvanttiyhtiö QMill keräsi miljoonarahoituksen

Kvanttilaskenta lupaa rahanarvoista hyötyä esimerkiksi investointiportfolion optimoinnissa, sanoo toimitusjohtaja Hannu Kauppinen.

Neljän tohtorin unelma

Uusi suomalainen startup yrittää löytää uuden algoritmin, joka ratkaisisi nykyisten kvanttitietokoneiden ongelman. Se vaatisi matemaattista läpimurtoa.

Finland-Based QMill Raises $4.5 Million In Seed Funding

QMill, a quantum computing startup, raised $4.5 million in seed funding to develop resource-efficient algorithms for practical industry applications, focusing on finance, telecoms, and logistics.

Finnish startup QMill raises €4 million to deliver near-term industrial quantum advantage

QMill, a pioneering quantum-computing company based in Espoo, Finland, has successfully raised €4 million in seed funding. The funding round was led by Finland-based Maki.vc and Singapore-based VC Antler and joined by industrial technology investor Kvanted.

QMill raises €4m in seed funding

Espoo, Finland, 17 September 2024 – QMill, a pioneering quantum-computing company based in Espoo, Finland, has successfully raised €4 million in seed funding. The funding round was led by Finland-based Maki.vc and Singapore-based VC Antler and joined by industrial technology investor Kvanted. The company also secured a grant of €1 million from Business Finland, a Finnish government agency for innovation, trade, and investment. QMill’s founding team includes Dr. Hannu Kauppinen, Nokia Technologies’ former Chief Technology Officer, Prof. Mikko Möttönen, Professor of Quantum Technology at Aalto University and VTT, Dr. Ville Kotovirta, former head of VTT’s Quantum Algorithms and Software Team and Dr. Toni Annala, an L.E. Dickson Instructor at the University of Chicago, and a former member of the Institute for Advanced Study, Princeton.