Algorithmiq is a company developing advanced algorithms to solve complex problems in life sciences.
Our mission is to revolutionise life sciences by exploiting the potential of quantum computing to solve currently inaccessible problems.
We combine our expertise in quantum information, complex systems, and computational physics to develop algorithms that run on near-term quantum devices to discover new drugs and develop new materials
Location: Finland, Mainland Finland, Helsinki
Employees: 11-50
Total raised: $19.01M
Founded date: 2020
Investors 1
Funding Rounds 2
| Date | Series | Amount | Investors |
| 28.06.2023 | Series A | $15.01M | - |
| 02.02.2022 | Seed | $4M | - |
Mentions in press and media 12
| Date | Title | Description | Source |
| 05.12.2023 | Algorithmiq Demonstrates Path to Quantum Utility With IBM | On stage at the IBM Summit, Algorithmiq unveils unprecedented error mitigation results of a large –s... | aithority.... |
| 21.08.2023 | Phasecraft Wants To Power The Clean Energy Transition With T... | 14 July 2022, Bavaria, Garching: A cryostat from a quantum computer stands during a press tour of ..... | forbes.com... |
| 28.06.2023 | Helsinki-based quantum scaleup Algorithmiq raises €13.7 mill... | - | eu-startup... |
| 27.06.2023 | With a fresh €13.7 million in hand, Algorithmiq is poised to... | Finland’s quantum-computing-based software developer Algorithmiq has raised €13.7 million in a Serie... | tech.eu/20... |
| 27.06.2023 | Algorithmiq Raises $15M in Series A Funding | Professor Sabrina Maniscalco / Kuva: Valokuvaaja Jussi Vierimaa 2022 Algorithmiq, a Helsinki, Finla... | finsmes.co... |
| 27.06.2023 | Finnish startup Algorithmiq raises €13.7M in a Series A fund... | Finnish startup Algorithmiq raises €13.7M in a Series A funding 27 June, 2023, 12:58 Rostyslav Sob... | ain.capita... |
| 19.05.2023 | 10 European quantum computing startups approaching superposi... | Quantum computing is a technology that uses the laws of quantum mechanics and applies it to solving ... | tech.eu/20... |
| 15.11.2022 | Tiger Global-backed Algorithmiq to collaborate with IBM over... | Algorithmiq, a Helsinki-based quantum computing startup, has pulled in a deal with IBM to super-char... | techcrunch... |
| 03.02.2022 | Tiger Global joins $4M round for Algorithmiq | Finnish startup Algorithmiq, a provider of quantum computing software for the life sciences sector, ... | pitchbook.... |
| 02.02.2022 | Algorithmiq Raises $4M in Seed Funding | Algorithmiq, a Helsinki, Finland-based life sciences company leveraging quantum computing to solve c... | finsmes.co... |
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