Nokia’s former CEO Pekka Lundmark joins Finnish quantum startup QMill

Published 20/08/2025, 08:06

Investing.com -- Former Nokia (HE:NOKIA) CEO Pekka Lundmark has joined the board of directors of QMill, a Finnish quantum algorithm company founded in 2024 and based in Espoo.

"I am happy to join the board at this pivotal stage, when the company is developing capabilities, building partnerships, and working with front-runner customers to turn quantum potential into practical, real-world benefits," Lundmark said in a statement.

QMill, which develops algorithms for industrial use, also appointed Antti Vasara as chairman of the board. Vasara previously served as the head of Finland’s state-owned research center VTT.

The quantum startup counts Peter Sarlin among its angel investors. Sarlin co-founded Silo AI, which is now owned by AMD (NASDAQ:AMD).

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