When was Algorithmiq founded?

Algorithmiq was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Algorithmiq located?

Algorithmiq is headquartered in Helsinki, Finland.

Who is the current CEO of Algorithmiq?

Sabrina Maniscalco of Algorithmiq. They have also founded 1 company.

How many employees does Algorithmiq have?

As of Jun 30, 2026, the latest employee count at Algorithmiq is 54.

Is Algorithmiq a funded company?

Algorithmiq is a funded company, having raised a total of $42.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 02, 2022.

When was the latest funding round of Algorithmiq?

Algorithmiq's latest funding was a $***** Series B round on May 11, 2026, with participation from 3 investors. Its primary sector is Quantum Computing. In Finland, the Quantum Computing sector has seen $119M in funding in 2026 to date.

Where does Algorithmiq rank among its competitors?

Algorithmiq ranks 1st amongst 11 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Algorithmiq, which secured $21.2M in May, 2026.

Who are the top competitors of Algorithmiq?

Algorithmiq's top competitors include Qunova Computing, Quantum Biosystems and Allosteric Bioscience. Among them, Algorithmiq secured the most recent funding round in May, 2026.

Algorithmiq - 2026 Company Profile, Team, Funding & Competitors

Algorithmiq is a series B company based in Helsinki (Finland), founded in 2020 by Sabrina Maniscalco and Boris Sokolov. It operates as a Developer of quantum algorithms for chemistry and life science applications. Algorithmiq has raised $42.4M in funding from investors like Cassa depositi e prestiti Group, United Ventures and Inventure. The company has 11 active competitors, including 4 that are funded. Its top competitors include companies like Qunova Computing, Quantum Biosystems and Allosteric Bioscience.

Company Details

Developer of quantum algorithms for chemistry and life science applications. The company develops algorithms that integrate classical and quantum computers. These algorithms address complex problems in quantum chemistry. They also offer solutions for drug discovery and development, targeting rare diseases. The company publishes research in peer-reviewed journals.

Website: algorithmiq.fi
Social
Email ID: *****@algorithmiq.fi

Key Metrics

Founded Year

2020

Location

Helsinki, Finland

Stage

Series B

Total Funding

$42.4M in 3 rounds

Latest Funding Round

Series B, May 11, 2026, $*****

Investors

Cassa depositi e prestiti Group & 13 more

Ranked

1^st among 11 active competitors

Employee Count

54 as on Jun 30, 2026

Similar Companies

Q Purpose & 2 more

View Algorithmiq's full profile

Algorithmiq has raised a total funding of $42.4M over 3 rounds. Its first funding round was on Feb 02, 2022. Its latest funding round was a Series B round on May 11, 2026 for $*****. 3 investors participated in its latest round. Algorithmiq has 10 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Algorithmiq:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 11, 2026	4399673	Series B	4047551	8311931	2690602	3404647
Jun 02, 2023	5450220	Series A	8460325	3934828	9133864	Finnfund & 3 more
Feb 02, 2022	1143771	Seed	5102961	1993286	5417889	Tiger Global Management & 4 more

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View details of Algorithmiq's funding rounds and investors

The founders of Algorithmiq are Sabrina Maniscalco and Boris Sokolov. Sabrina Maniscalco is the CEO of Algorithmiq.

Here are the details of Algorithmiq's key team members:

Sabrina Maniscalco: Co-Founder & CEO of Algorithmiq.
Contact Info: 1 email address
Boris Sokolov: Co-Founder of Algorithmiq.
Contact Info: 1 email address

View details of Algorithmiq's Founder profiles and Board Members

Algorithmiq's employee count trend

Algorithmiq has 54 employees as of Jun 26. Here is Algorithmiq's employee count trend over the years:

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Top competitors of Algorithmiq include Qunova Computing, Quantum Biosystems and Allosteric Bioscience. Here is the list of Top 10 competitors of Algorithmiq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Algorithmiq 2020, Helsinki (Finland), Series B	Developer of quantum algorithms for chemistry and life science applications	$42.4M	Tiger Global Management, United Ventures ... & 12 others	57/100
2nd	Qunova Computing 2021, Yuseong District (South Korea), Series A	Provider of AI-powered quantum computing solutions for the life science sector	$10M	ID Ventures, BluePoint Partners & 9 others	49/100
3rd	Quantum Biosystems 2013, Osaka (Japan), Series C	Developing DNA sequencers based on quantum mechanics	$35M	Preferred Infrastructure, Mizuho Financial Group ... & 5 others	39/100
4th	Allosteric Bioscience 2021, New York City (United States), Unfunded	Provider of a platform to create treatments for aging and longevity	-	-	33/100
5th	Polaris Quantum Biotech 2019, Durham (United States), Seed	Developer of a AI and quantum computing-based drug discovery platform	$2.48M	WorldQuant Ventures	31/100
6th	Qulab 2017, Los Angeles (United States), Deadpooled	Provider of computational methods for molecular drug design	-	Start Capital, Cota Capital & 3 others	28/100
7th	GTN 2017, New York City (United States), Deadpooled	Provider of quantum computing-based software for drug discovery	$2.85M	Octopus Ventures, Entrepreneur First & 1 others	27/100
8th	QClairvoyance 2024, Secunderabad (India), Unfunded	Provider of quantum computing solutions	-	-	23/100
9th	MagneSensors 1997, San Diego (United States), Deadpooled	Developer of magnetic detection systems for clinical diagnostics & drug delivery applications	-	HHS	21/100
10th	Q Purpose 2023, Odense (Denmark), Unfunded	Developer of quantum algorithms and software for industrial applications	-	-	20/100