Algorithmiq

SHORT DESCRIPTION:

On a mission to help solve problems in the life sciences, Algorithmiq is a Helsinki-based startup using quantum computing to develop advanced algorithms that will revolutionize the sector. Founded in 2020, the startup has now raised about €3.6 million and is growing fast. Combining expertise in quantum information, complex systems and computational physics to develop algorithms, Algorithmiq is able to contribute to molecular structure prediction, drug development and materials design. The overarching mission is to accelerate drug discovery, in a way that means medicines can be developed quickly, efficiently and cost-effectively. The startup, therefore, aims to tangibly contribute to society and have a real-world impact with its tech.

LONG DESCRIPTION: