Italy · Research startup
Italy · Algorithmiq
Algorithmiq is a quantum software company based in Helsinki, founded in 2020.
Funding reportedLast round: Series A
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About Algorithmiq
Algorithmiq is a quantum software company based in Helsinki, founded in 2020.
The company focuses on developing advanced quantum algorithms and software platforms specifically for the life sciences sector, with an emphasis on drug discovery, molecular structure prediction, and materials science. Algorithmiq aims to leverage near-term quantum computers to tackle complex computational challenges that traditional supercomputers cannot address. The company offers a range of specialized services, including quantum algorithm development for life sciences, molecular structure prediction, and quantum chemistry simulation. Its flagship product, the Aurora platform, integrates quantum hardware with classical supercomputers and AI to enhance drug discovery processes. Additionally, Algorithmiq has developed TEM, a proprietary error mitigation technology that improves the reliability of quantum computations. Algorithmiq collaborates with major players in the industry, including IBM, and serves large pharmaceutical clients and research institutions. Its mission is to optimize the drug discovery pipeline, making the development of new medical treatments faster and more efficient.
What company datasets say Algorithmiq raised
Funding, as reported
Founders and team
From Algorithmiq's own website: 4 founders, 20 on the team.
- Ben BakkerChief Financial Officer
- Caterina FotiSenior Researcher and Outreach Coordinator
- Emilia SiliusBusiness Operations Coordinator
- Irene GentiliChief of Staff
- Kirsten NehrChief Operating Officer
- Ros ManiscalcoChief Knowledge Officer
- Martina StellaSenior Researcher, Head of Partnerships
- Minna GünesHead of People and Strategic Funding
- Roberto Di Remigio EikåsHead of Product Engineering
- Cannur FloszmannJunior e-Learning Developer
- David LinGeneral Counsel
- Davide MateriaJunior Software Engineer
- Francesca PietracaprinaSenior Technical Product Manager
- Francesco GriecoJunior Researcher
- Hetta VappulaJunior Researcher
- Sergei FilippovSenior Researcher
- Tommaso TufarelliSenior Researcher and R&D Project Manager
- Walter TalaricoSenior Researcher
And 2 more on the team.
On a portfolio page
Investors who name them
Each firm lists Algorithmiq on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
quantum machine learninghealth carerare diseasesquantum algorithmsquantum methodologiesnetwork sciencequantum hardware partnershipsquantum hardware integrationphotodynamic therapyclassical computing integrationquantum simulationsquantum principlesquantum algorithms for life sciencesdeuterated drugsquantum error correction techniqueshealthcare
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- Sector
- Research
- Industry code
- NAICS 513210, 541715, SIC 8731, 7372
- Region
- Lombardia
- Revenue
- 1M a year, as listed
- Full record
- Every detail in the company directory
Research in Italy
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