Algorithmiq
Helsinki, FI · Founded 2020 · 54 employees on LinkedIn · 5 known investors
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
LK
Lauri KokkilaBoard director
HO
Haakon OverliBoard director
JJ
Jorma Jaakko OllilaBoard director
JP
Jussi Pekka WestergrenBoard director
Investors · 5
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)
▶$14MraisedJun 2023 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$250KraisedFeb 2023 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$550KraisedMar 2022 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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)
▶$4.3MraisedJan 2022 · 16 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- 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, 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.