# Algorithmiq: Research, Milano, Italy > Algorithmiq: Algorithmiq is a quantum software company based in Helsinki, founded in 2020. Based in Milano, Italy. Founded 2020. Source: https://millionrounds.com/startup/algorithmiq (Millionrounds; every figure on the page links to its filing or article) Italy · [Research startup](https://millionrounds.com/companies) # Algorithmiq Algorithmiq is a quantum software company based in Helsinki, founded in 2020. Email Funding reported Last round: Series A Research Milano, Italy Follow Algorithmiq and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Falgorithmiq) Company summary - **Founded:** 2020 6 years old - **Team:** 54 51 to 200 people - **Funding reported:** 21.2M as listed, currency not stated - **Last round:** Series A Jun 2023 How sure we are - ✓ **Listed** We know it exists and what it does - 2 **Funding reported** A company dataset reports a raise - 3 **Observed** A filing or a dated announcement confirms a round No round for Algorithmiq has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology) ## 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 Reported in all **21.2M** in the source's currency Rounds **2** Last round **Series A** Last round size **21.2M** Last round date **Jun 2023** Investors listed **12** ## Founders and team From Algorithmiq's own website: 4 founders, 20 on the team. **Sabrina Maniscalco** CEO and Co-founder **Matteo Rossi** CTO and Co-founder **Boris Sokolov** Lead Researcher and Co-founder **Guillermo García-Pérez** CSO and Co-founder - **Ben Bakker** Chief Financial Officer - **Caterina Foti** Senior Researcher and Outreach Coordinator - **Emilia Silius** Business Operations Coordinator - **Irene Gentili** Chief of Staff - **Kirsten Nehr** Chief Operating Officer - **Ros Maniscalco** Chief Knowledge Officer - **Martina Stella** Senior Researcher, Head of Partnerships - **Minna Günes** Head of People and Strategic Funding - **Roberto Di Remigio Eikås** Head of Product Engineering - **Cannur Floszmann** Junior e-Learning Developer - **David Lin** General Counsel - **Davide Materia** Junior Software Engineer - **Francesca Pietracaprina** Senior Technical Product Manager - **Francesco Grieco** Junior Researcher - **Hetta Vappula** Junior Researcher - **Sergei Filippov** Senior Researcher - **Tommaso Tufarelli** Senior Researcher and R&D Project Manager - **Walter Talarico** Senior Researcher And 2 more on the team. ## On a portfolio page Investors who name them - [K5 Global](https://millionrounds.com/fund/k5-global) 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 learning health care rare diseases quantum algorithms quantum methodologies network science quantum hardware partnerships quantum hardware integration photodynamic therapy classical computing integration quantum simulations quantum principles quantum algorithms for life sciences deuterated drugs quantum error correction techniques healthcare Built with from their website Articulate 360 Glide.js Microsoft Email Providers CloudFlare CDN Google Tag Manager HTTP/3 Cloudflare Rocket Loader Priority Hints Cloudflare Browser Insights JavaScript +8 more WordPress.org Varnish Microsoft Exchange Anthropic Claude Cloudflare Insights Microsoft 365 Mathjax Notion - **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](https://millionrounds.com/directory/algorithmiq) ## Research in Italy Startups like it - [**Genespire** Milan · founded 2020](https://millionrounds.com/startup/genespire) - [**Aptadir Therapeutics** Milano](https://millionrounds.com/startup/aptadir-therapeutics) - [**Resalis Therapeutics** Turin · founded 2021](https://millionrounds.com/startup/resalis-therapeutics) - [**Sibylla Biotech** Bresso · founded 2017](https://millionrounds.com/startup/sibylla-biotech) - [**Phononic Vibes** Milan · founded 2018](https://millionrounds.com/startup/phononic-vibes-2) - [**Contraria Biotech** Siena · founded 2017](https://millionrounds.com/startup/contraria-biotech) - [**Cellply** Bologna · founded 2013](https://millionrounds.com/startup/cellply) - [**Altheia Science** Milan · founded 2017](https://millionrounds.com/startup/altheia-science) ## Is this your company? 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