Quantum company
Algorithmiq
Quantum algorithms and error mitigation software for healthcare and life sciences.
Technology
Algorithmiq, founded in 2020, develops quantum algorithms for healthcare and life sciences and made its error mitigation method available in IBM's Qiskit Functions Catalog. In May 2026 it established Milan as its global headquarters and raised EUR 18 million led by United Ventures and Cassa Depositi e Prestiti, with Inventure VC, bringing total funding to EUR 36 million. In April 2026 it won a USD 2 million Wellcome Leap prize for quantum-enabled cancer drug discovery.
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