Fundraising Fox
Algorithmiq
Helsinki, FI · Founded 2020 · 54 employees on LinkedIn · 6 known investors
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Algorithmiq develops quantum algorithms that combine classical and quantum computers to solve problems in chemistry and life sciences, with a focus on drug discovery and development for rare diseases. Its products include a quantum computer interface and proprietary quantum chemistry algorithms applicable to materials, drugs, and energy.
Founders & leadership
Algorithmiq was founded in 2020 by Sabrina Maniscalco and Matteo Rossi.
Board
Investors · 6
How we know: the VCSheet dataset · Not right? Tell us
How we know: Inventure's portfolio page · Not right? Tell us
How we know: Inventure's portfolio page · a partner's Signal profile · the VCSheet dataset · Not right? Tell us
How we know: K5 Global's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: United Ventures's portfolio page · Not right? Tell us
How we know: a partner's Signal profile · board seat on SEC Form D · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$19.1M disclosed across 4 rounds · 2021–2023
▶$14MraisedJun 2023 · 21 investors · Other TechnologyRule 506(b)
- Lauri KokkilaDirector
- Jorma Jaakko OllilaDirector
- Matteo RossiDirector
- Sabrina ManiscalcoExecutive Officer, Director
- Jussi Pekka WestergrenDirector
- Haakon OverliDirector
- Offering amount
- $20M
- Amount sold
- $14M
- First sale
- Apr 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$250KraisedFeb 2023 · 1 investors · Other TechnologyRule 506(b)
- Jussi WestergrenDirector
- Haakon OverliDirector
- Jorma Jaakko OllilaDirector
- Sabrina ManiscalcoExecutive Officer, Director
- Offering amount
- $250K
- Amount sold
- $250K
- First sale
- Feb 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$550KraisedMar 2022 · 4 investors · Other TechnologyRule 506(b)
- Jorma Jaakko OllilaDirector
- Sabrina ManiscalcoExecutive Officer, Director
- Jussi WestergrenDirector
- Haakon OverliDirector
- Offering amount
- $550K
- Amount sold
- $550K
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$4.3MraisedJan 2022 · 16 investors · Other TechnologyRule 506(b)
- Sabrina ManiscalcoExecutive Officer, Director
- Jorma Jaakko OllilaDirector
- Jussi WestergrenDirector
- Haakon OerliDirector
- Offering amount
- $4.3M
- Amount sold
- $4.3M
- Proceeds to insiders
- $10.4K
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Algorithmiq do?
- Algorithmiq develops quantum algorithms that combine classical and quantum computers to solve problems in chemistry and life sciences, with a focus on drug discovery and development for rare diseases. Its products include a quantum computer interface and proprietary quantum chemistry algorithms applicable to materials, drugs, and energy.
- Who founded Algorithmiq?
- Algorithmiq was founded by Sabrina Maniscalco, Matteo Rossi in 2020.
- Who are Algorithmiq's investors?
- Algorithmiq's investors include Entourage Ventures, Inventure, Inventure, K5 Global, United Ventures, Dawn Capital.
- How much funding has Algorithmiq raised?
- Algorithmiq has disclosed $19.1M raised across 4 rounds.
- Where is Algorithmiq headquartered?
- Algorithmiq is headquartered in Helsinki, FI.