Coherence Quantum Raises €2.78 Million in Seed Round

20 October 2026. Coherence Quantum, a Finnish quantum hardware company originating from Aalto University's Quantum Computing and Devices (QCD) group, has raised €2.78 million in seed funding. The round is led by Helsinki-based early-stage investor Lifeline Ventures, with participation from technology entrepreneur Mårten Mickos.

The company is developing an integrated cryogenic signalling and control platform for solid-state quantum processors. Its first technologies focus on cryogenic signal conditioning, followed by higher-density signal interfaces and more control functionality inside the cryostat, closer to the quantum processing unit.

"Quantum computers won't scale by adding qubits alone. The infrastructure around them has to scale too," said Aashish Sah, CEO and co-founder of Coherence Quantum.

The team has spent more than two years on research and experimental development of the technologies, with multiple generations of cryogenic prototypes designed, fabricated and tested, including validation in dilution refrigerators using qubit systems. The founding team includes Sah, CTO Suman Kundu and CPO Erkki Soininen, with Mikko Möttönen as founding advisor.

The €2.78 million will be used to establish the company's lab in Espoo, Finland, build its first product prototypes and manufacturing process, continue R&D, and grow the team.

Source: The Quantum Insider