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High Tech Series B Founded 2020

Algorithmiq

Developer of quantum algorithms for chemistry and life science applications. The company develops algorithms that integrate classical and quantum computers. These algorithms address complex problems in quantum chemistry. They also offer solutions for drug discovery and development, targeting rare diseases. The company publishes research in peer-reviewed journals. Founded in 2020, headquartered in Helsinki, Finland.…

📍 Helsinki, Finland · Quantum Computing

Funding snapshot

Last roundSeries B
Amount$21M
Date11 May 2026
Total raised$42M
Team size54

About

Developer of quantum algorithms for chemistry and life science applications. The company develops algorithms that integrate classical and quantum computers. These algorithms address complex problems in quantum chemistry. They also offer solutions for drug discovery and development, targeting rare diseases. The company publishes research in peer-reviewed journals. Founded in 2020, headquartered in Helsinki, Finland. The company has raised $42.4M in funding at the series b stage. Algorithmiq operates in the Quantum Computing sector. The company focuses on Quantum Algorithms. Notable investors include Inventure, Finnfund, Presidio Ventures, Thames Trust, Tesi, Tiger Global Management, among others. The company is categorized under High Tech > Quantum Computing.

Business model

Quantum Computing > Applications > Life Sciences > Quantum Algorithms

Institutional investors

Inventure Finnfund Presidio Ventures Thames Trust Tesi Tiger Global Management K5 Global United Ventures Cassa depositi e prestiti Group Entourage Haakon Overli Feroz Dewan David Helgason Keenan Rice

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