Published by Global Banking & Finance Review®
Posted on August 20, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleFormer Nokia CEO Pekka Lundmark joins QMill's board, enhancing the Finnish quantum company's leadership as it advances in quantum computing.
STOCKHOLM (Reuters) -Former Nokia CEO Pekka Lundmark will join Finnish quantum computing company QMill as an investor and a board member, the company said on Wednesday.
Lundmark stepped down from the top job at Nokia earlier this year after being appointed as CEO in 2020, and is credited with turning around the telecom gear maker.
Antti Vasara, former head of VTT Technical Research Centre of Finland, and a former Nokia executive, will also join QMill as chair of the board.
Espoo, Finland-based QMill, is a quantum-algorithm company, which started operations last year, and has raised seed funding from Antler, Maki.vc and Kvanted.
Quantum computing is emerging as a promising sector where many startups are working alongside tech companies such as Microsoft and Nvidia to build functional computers to solve problems that would take classical computers thousands of years.
(Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik)
Former Nokia CEO Pekka Lundmark will join Finnish quantum computing company QMill as an investor and a board member.
QMill is a quantum-algorithm company that started operations last year and has raised seed funding from various investors.
Antti Vasara, former head of VTT Technical Research Centre of Finland and a former Nokia executive, will also join QMill as chair of the board.
Quantum computing is emerging as a promising sector where many startups are collaborating with tech companies like Microsoft and Nvidia to develop functional computers.
Pekka Lundmark stepped down from his position as CEO of Nokia earlier this year after being appointed in 2020.
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