Algorithmiq, Inc
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Algorithmiq, Inc - overview
Established
2020
Location
Helsinki, -, Finland
Primary Industry
Biotechnology
About
Based in Turku, Finland, and founded in 2020 by its CEO, Sabrina Maniscalco, CSO, Guillermo García-Pérez, CTO, Matteo Rossi, Lead Researcher, Boris Sokolov, and Jussi Westergren, Algorithmiq, Inc. , operates as a developer of scalable quantum computers for solving currently inaccessible problems in life sciences. In June 2023, Algorithmiq, Inc. , raised USD 15 million in series A funding led by Inventure, with participation from other new investors Presidio Ventures, Tesi, Thames Trust.
The company offers quantum algorithms made using quantum information, complex systems, and computational physics to solve life-science problems. The company’s quantum chemistry platform, Aurora, can solve the common bottleneck in computer-aided drug design based on IP-protected variational algorithms. The company plans to use the June 2023 funding to work with pharmaceutical companies.
Current Investors
Tiger Global Management, K5 Global, Tesi
Primary Industry
Biotechnology
Sub Industries
Bioinformatics, Engineering Software, Medical Software, Scientific Software
Website
www.algorithmiq.fi
Verticals
Cloud Computing
Company Stage
Series A
Total Amount Raised
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