Algorithmiq, Inc
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Algorithmiq, Inc - overview
Established
2020
Location
Milano, -, Italy
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 May 2026, Algorithmiq, Inc raised EUR 18 million in venture funding co-led by investors United Ventures and Cassa Depositi e Prestiti, with participation from investor Inventure. 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 May 2026 funding to scale its commercial operations, expand its team, and accelerate development and industrialisation of quantum software to enable real-world applications across scientific and industrial domains.
Current Investors
Tiger Global Management, K5 Global, Tesi
Primary Industry
Biotechnology
Sub Industries
Bioinformatics, Scientific Software, Medical Software, Engineering Software
Website
www.algorithmiq.fi/
Verticals
Cloud Computing
Company Stage
Series A
Total Amount Raised
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Algorithmiq, Inc - financials
| Fiscal Year Ended | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | (61,887.4) | (1,015,526.9) | - | - | - |
| Operating Income (USD) | (71,372.7) | (1,027,216.4) | - | - | - |
| Operating Margin | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | (71,383.2) | (1,046,296.8) | - | - | - |
| % Net Margin | - | - | - | - | - |
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