STOCKHOLM, Aug 20 (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 ( MSFT ) and Nvidia ( NVDA ) to build functional

computers to solve problems that would take classical computers

thousands of years.