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30th June 2023 - 0 comments

Quantum scaleup Algorithmiq raises $15m Series A

Helsinki: Algorithmiq, a scaleup developing quantum algorithms to solve the most complex issues in life sciences, has raised $15 million. The Series A round is led by Inventure VC, one of the most experienced Nordic venture funds. Also participating in the round is Tesi, the state-owned Finnish investment company, Presidio Ventures, the corporate venture capital arm of Japan’s Sumitomo Corporation, and London-based Thames Trust, together with existing backers, including a number of angel investors.

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