Algorithmiq

Summary active Updated May 11, 2026

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Location Milan, Italy
Founded 2020
Latest Stage Growth
Total Raised €36M
Website https://algorithmiq.fi/
Sector
quantum-computing deep-tech drug-discovery chemistry life-sciences software

Founders

Sabrina Maniscalco Co-Founder & CEO
Guillermo García-Pérez Co-Founder & CSO
Matteo Rossi Co-Founder & CTO
Boris Sokolov Co-Founder & Lead Researcher

About

Algorithmiq is a quantum software company founded in 2020 by Sabrina Maniscalco (CEO), Guillermo García-Pérez (CSO), Matteo Rossi (CTO), and Boris Sokolov 12. The company develops quantum software for breakthroughs in chemistry, materials science, and life sciences via physically meaningful, energy-efficient quantum computation 12. The €18M round announced May 11, 2026 was led by United Ventures with participation from CDP Venture Capital and Inventure VC, bringing total funding to €36M and reportedly representing Italy’s largest-ever VC investment in a quantum startup; Algorithmiq is simultaneously relocating its global headquarters from Helsinki to Milan while maintaining significant Finnish operations 123.

Funding History

Date Round Amount Lead Co-investors
2026-05-11 Growth €18M United Ventures CDP Venture Capital, Inventure VC 123

What Investors Say

Jacopo Drudi, Partner at United Ventures, stated: “Bringing an international team of excellence such as Algorithmiq to Milan is a victory not only for United Ventures, but for the country.” 1

What Founders Say

Sabrina Maniscalco, Co-Founder and CEO, said: “2026 is the year when more practical quantum applications will become a reality, and we want to be at the heart of this change.” 1

Sources

  1. StartupBusiness, “Algorithmiq, based in Milan, secures €18 million funding round,” May 11, 2026. Accessed May 2026. https://www.startupbusiness.it/en/algorithmiq-based-in-milan-secures-e18-million-funding-round/167330/↩↩↩↩↩↩

  2. EU-Startups, “Quantum software startup Algorithmiq raises €18 million and moves global HQ from Helsinki to Milan,” May 11, 2026. Accessed May 2026. https://www.eu-startups.com/2026/05/quantum-software-startup-algorithmiq-raises-e18-million-and-moves-global-hq-from-helsinki-to-milan/↩↩↩↩

  3. Sifted, “Exclusive: Quantum software startup Algorithmiq raises €18m, relocates to Italy,” May 2026. Accessed May 2026. https://sifted.eu/articles/algorithmiq-fundraise-relocation-italy↩↩