{"id":191089,"date":"2025-10-10T18:48:07","date_gmt":"2025-10-10T18:48:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/191089\/"},"modified":"2025-10-10T18:48:07","modified_gmt":"2025-10-10T18:48:07","slug":"firstqfm-ab-secures-e1-2-million-1-4-million-usd-to-advance-ai-foundation-models-for-quantum-computing","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/191089\/","title":{"rendered":"FirstQFM AB Secures \u20ac1.2 Million ($1.4 Million USD) to Advance AI Foundation Models for Quantum Computing"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/1760083459295\" style=\"width:818px;height:auto\"\/><\/p>\n<p><a href=\"https:\/\/www.firstqfm.com\/index.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">FirstQFM AB<\/a>, a Stockholm-based quantum technology company, has raised \u20ac1.2 million (13.1 million SEK) ($1.4 million USD) in pre-seed funding. The round was led by <a href=\"https:\/\/bsv.ventures\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">BSV Ventures<\/a>, with participation from\u00a0<a href=\"https:\/\/www.almi.se\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Almi Invest<\/a>,\u00a0<a href=\"https:\/\/furtherthancapital.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Further than Capital<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.luminarventures.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Luminar Ventures<\/a>.. The funding is intended to accelerate the development of the company\u2019s patent-pending AI foundation models for the quantum computing stack.<\/p>\n<p>The company\u2019s AI foundation models are designed to improve performance, scalability, and reliability across the quantum stack, with a focus on enhancing device calibration and error correction. This technology is intended to advance the utility of NISQ-era machines and support the path toward fault-tolerant quantum computing. The company noted that it has achieved initial performance gains on superconducting hardware.<\/p>\n<p>FirstQFM is partnering directly with quantum hardware developers. The technology is positioned to address challenges in chemistry, finance, life sciences, and mobility. <a href=\"https:\/\/www.linkedin.com\/in\/visweswaran\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Vish Ramakrishnan<\/a>, CEO and Co-Founder of FirstQFM AB, stated that the funding will help support the further development of the company\u2019s proprietary technology and the execution of ongoing pilot projects.<\/p>\n<p>Read the full announcement <a target=\"_blank\" rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.firstqfm.com\/news.html\">here<\/a>.<\/p>\n<p class=\"has-small-font-size\">October 10, 2025<\/p>\n<p>                    <a href=\"#\" rel=\"nofollow\" onclick=\"window.print(); return false;\" title=\"Printer Friendly, PDF &amp; Email\"><br \/>\n                    <img decoding=\"async\" class=\"pf-button-img\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/07\/printfriendly-pdf-button.png\" alt=\"Print Friendly, PDF &amp; Email\" style=\"width: 112px;height: 24px;\"\/><br \/>\n                    <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"FirstQFM AB, a Stockholm-based quantum technology company, has raised \u20ac1.2 million (13.1 million SEK) ($1.4 million USD) in&hellip;\n","protected":false},"author":2,"featured_media":191090,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[4323,86,56,54,55],"class_list":{"0":"post-191089","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-technology","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/191089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=191089"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/191089\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/191090"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=191089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=191089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=191089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}