Algorithmiq
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Algorithmiq

https://algorithmiq.fi/
Last activity: 17.09.2026
Active
Categories: DeepTechDrugDiscoveryLifeSciencesQuantumSoftware
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
Website visits
7.7K /mo.
Mentions
30
Location: Italy
Employees: 11-50
Total raised: $40.19M
Founded date: 2020

Investors 1

DateNameWebsite
27.04.2026Tesitesi.fi

Funding Rounds 3

DateSeriesAmountInvestors
11.05.2026-$21.18MUnited Ven...
28.06.2023Series A$15.01M-
02.02.2022Seed$4M-

Mentions in press and media 30

DateTitleDescription
17.09.2026Finland's top-funded tech companies in H1 2026Finland's tech ecosystem attracted around €1.3 billion across 53 funding deals in H1 2026. Investment was heavily concentrated at the top, with space accounting for €900 million, or nearly 69 per cent of the total capital raised. Beyond spa...
02.08.2026Quantum Leap: IBM and Algorithmiq Forge Trust in Beyond-Classical EraIBM and Algorithmiq announce a landmark quantum advantage. They simulated complex heterogeneous quantum materials on an IBM Quantum Heron processor. A revolutionary new framework ensures trusted computations. It operates effectively where c...
30.07.2026IBM and Algorithmiq Demonstrate Quantum Advantage, Establishing a Framework for Trusted Quantum Computation Beyond Classical VerificationA quantum simulation of heterogeneous matter, designed by Algorithmiq and executed on IBM quantum computers, continues to compete with the world's leading classical simulation methods eight months after its debut on the Quantum Advantage Tr...
30.07.2026IBM and Algorithmiq Demonstrate Quantum Advantage, Establishing a Framework for Trusted Quantum Computation Beyond Classical VerificationAlgorithmiq and announced a major milestone in the development of quantum computing: a joint demonstration of quantum advantage with the simulation of a heterogeneous quantum material, achieved with a new framework that establishes trust in...
30.07.2026 IBM CEO says quantum computing will have a ‘measurable impact’ on earnings by 2028 or 2029Monday - Friday, 6:00 - 7:00 PM ET IBM CEO Arvind Krishna said the company’s investments in quantum computing should begin to have “a measurable impact” on revenue and earnings by 2028 or 2029. “By the end of the 2030s, we are now pretty co...
13.05.2026Quantum Pioneer Algorithmiq Secures €18M, Establishes Milan HQAlgorithmiq closed an €18 million funding round, pushing its total capital to €36 million. The quantum computing software pioneer strategically relocated its global headquarters to Milan, Italy. This pivotal move places Algorithmiq at the h...
13.05.2026Ciridae Secures $20M Seed Funding to Fuel Real-Economy AI RevolutionCiridae secured $20 million in seed funding. Accel led the round. Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures joined. This capital fuels Ciridae's mission. The firm brings AI transformation to real-eco...
11.05.2026Algorithmiq Closes €18 Million Funding Round And Moves Global HQ To MilanAlgorithmiq, a quantum computing software company, has closed an €18 million strategic funding round and relocated its global headquarters to Milan, Italy. The round was led by United Ventures, with participation from Inventure VC, and mark...
11.05.2026Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC roundQuantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialisation of quantum algorithms. Algorithmiq...
11.05.2026Ciridae Raises $20M in Seed FundingCiridae, a San Francisco, CA-based company developing operating systems for real economy businesses, raised $20M in Seed funding. The round was led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, ...
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