Algorithmiq, a quantum software company, has secured €18 million in a Series B round led by United Ventures and CDP Venture Capital, bringing its total funding to €36 million. This funding, which the company claims is Italy's largest venture capital investment in a quantum startup, will fuel its global expansion from its new Milan headquarters. The company's quantum software aims to make quantum computers practically useful for industries like chemistry and life sciences.
Amount: $18.0M
