Algorithmiq: Algorithmiq nets 12m for quantum drug discovery

Algorithmiq, a startup using quantum algorithms to help drug discovery for pharmaceutical companies, has raised $15m (£11.8m) in Series A funding. Capital came from lead investor Inventure VC, along with Tesi, Presidio Ventures, London's Thames Trust and previous backers. The company is aiming to speed up the drug development cycle by applying its quantum algorithms [...] The post Algorithmiq nets £12m for quantum drug discovery appeared first on UKTN | UK Tech News.