Tech Company Financing Transactions
Algorithmiq Funding Round
Algorithmiq closed a $21 million funding round on 5/11/2026. Backers included CDP Venture Capital, United Ventures and Inventure.
Transaction Overview
Company Name
Announced On
5/11/2026
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds toexpand operations and its development efforts.
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
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 5/11/2026: Nscale venture capital transaction
Next: 5/11/2026: Antier Solutions venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs








