FundedIQ
Biotechnology

Algorithmiq: Funding, Investors & Team (Sep 2026)

Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.

algorithmiq.fi LinkedIn Turku, Finland 11-50 employees
Life Science Market Research Quantum Computing
Total raised
$42.5M
Rounds
4
Latest
Undisclosed round
May 2026

Algorithmiq has raised $42.5M across 4 funding rounds on record, the most recent an undisclosed round of $21.2M announced in May 2026.

That round is above the $8.0M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Algorithmiq Company Profile and Key Stats

Total funding raised
$42.5M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Undisclosed round
$21.2M in May 2026
Employees
11-50
reported band
Headquarters
Turku, Finland

Latest funding round on record: May 2026.

Algorithmiq Funding Rounds

Date
Round
Amount
Undisclosed round
$21.2M
Undisclosed round
$2.0M
Series A
$15.3M
Seed
$4.0M

Algorithmiq raised $4.0M in a Seed announced in Feb 2022.

1.3 years later, a Series A of $15.3M was announced in Jun 2023.

2.8 years later, an undisclosed round of $2.0M was announced in Apr 2026.

1 month later, an undisclosed round of $21.2M was announced in May 2026.

Algorithmiq Founders and Leadership Team

Name
Role
Contact
Boris Sokolov
Founder
Locked
Sabrina Maniscalco
CEO
Locked

Contact details for the Algorithmiq team: 2 of 2 have an email address on file.

Start 14-day free trial →

Algorithmiq Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,179
$8.0M
368
$5.2M

Algorithmiq's latest round of $21.2M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Algorithmiq in Biotechnology and Turku

Companies Similar to Algorithmiq

Solar Foods is a food-tech startup that focuses on utilizing a technology that involves using electricity to…

Undisclosed round $45.6M

Bioretec Ltd. is a Finnish material technology company focused on the development, manufacturing and…

Undisclosed round $15.1M

NPHarvest is a company with expertise in organic waste management, wastewater treatment, and nutrient…

Undisclosed round $1.4M

They are a pioneering company driven by a passion for innovation and a commitment to solving their partners’…

Undisclosed round $5.7M
Undisclosed round $20.6M

StemSight is a startup focusing on cell therapy in Tampere, Finland, where they are working on innovative…

Seed $2.4M

Herantis Pharma is a company focused on addressing medical needs that have not been met by current treatments.

Undisclosed round $5.4M

Aurealis Therapeutics is a Swiss-Finnish Cell and Gene Therapy Platform Company. Our multi-target cell and…

Undisclosed round $9.1M

Eevia Health is a Nordic life science company based in Finland and Norway, with headquarters in Seinäjoki and…

Undisclosed round $60k

Nexstim is a medical device company focused on image-guided transcranial magnetic stimulation, dedicated to…

Undisclosed round $1.6M

Enifer is a company that specializes in using fungal fermentation to create products from byproducts of the…

Series B $16.2M

Onego Bio is a company based in the US and Finland that is transforming the food industry by utilizing…

Series A $29.0M

Algorithmiq Funding FAQs

What does Algorithmiq do?

Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.

How much funding has Algorithmiq raised?

Algorithmiq has raised $42.5M across 4 rounds on record. The most recent is an undisclosed round of $21.2M announced in May 2026.

When did Algorithmiq last raise funding?

Algorithmiq's most recent funding round on record is an undisclosed round of $21.2M, announced in May 2026.

Who founded Algorithmiq?

FundedIQ lists Boris Sokolov (Founder) at Algorithmiq.

Who is the CEO of Algorithmiq?

Sabrina Maniscalco is listed as CEO at Algorithmiq.

Where is Algorithmiq headquartered?

Algorithmiq is based in Turku, Western Finland, Finland.

How many employees does Algorithmiq have?

Algorithmiq is in the 11-50 employee band.

How does Algorithmiq's funding compare to other Biotechnology startups?

Algorithmiq's latest round of $21.2M is above the $8.0M median round size for Biotechnology companies on FundedIQ across 4,179 tracked companies over the last two years.

About FundedIQ's Algorithmiq Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Algorithmiq is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.