Fundraising Fox
Algorithmiq
Helsinki, FI · Founded 2020 · 54 employees on LinkedIn · 7 known investors
Find your way into Algorithmiq
Sign up to see every warm intro you have to Algorithmiq
- Paths you didn't know you had: your email and LinkedIn already hold routes to the Algorithmiq team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
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 · 7
How we know: the VCSheet dataset · Not right? Tell us
How we know: Inventure's portfolio page · open dataset · 5k.vc investor directory · 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, Tesi (Finnish Industry Investment Ltd).
- 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.