Tech Company Financing Transactions
Algorithmiq Funding Round
On 6/27/2023, Algorithmiq secured $15 million in Series A funding from Inventure, Presidio Ventures and Tesi.
Transaction Overview
Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to pursue its proof-of-concept work with pharmaceutical companies globally, dramatically reducing the time and cost of drug discovery and development.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
Kanavakatu 3C
Helsinki, 00160
FI
Helsinki, 00160
FI
Phone
Undisclosed
Website
Email Address
Overview
Algorithmiq is a company developing advanced algorithms to solve complex problems in life sciences. Our mission is to revolutionise life sciences by exploiting the potential of quantum computing to solve currently inaccessible problems. We combine our expertise in quantum information, complex systems, and computational physics to develop algorithms that run on near-term quantum devices to discover new drugs and develop new materials
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sabrina Maniscalco
Chief Scientific Officer
Guillermo Pérez
Chief Technical Officer
Matteo Rossi
Co-Founder
Boris Sokolov
Co-Founder
Jussi Westergren
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