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FirstQFM Raises €1.2M for Quantum AI Innovations

10/11/2025

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Summary

Story summary

FirstQFM AB, a Stockholm-based AI company, secured €1.2 million in a pre-seed round.
The round was led by BSV Ventures and backed by Almi Invest, Further than Capital, and Luminar Ventures.
The funding will advance patent-pending AI foundation models for quantum computing and will improve performance of Noisy Intermediate-Scale Quantum (NISQ) devices.
CEO Vish Ramakrishnan says the effort targets device calibration and error correction to enable practical applications.

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Story summary

FirstQFM AB, a Stockholm-based AI company, secured €1.2 million in a pre-seed round.
The round was led by BSV Ventures and backed by Almi Invest, Further than Capital, and Luminar Ventures.
The funding will advance patent-pending AI foundation models for quantum computing and will improve performance of Noisy Intermediate-Scale Quantum (NISQ) devices.
CEO Vish Ramakrishnan says the effort targets device calibration and error correction to enable practical applications.