Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC round

Quantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialisation of quantum algorithms. Algorithmiq has raised €18 million in funding led by United Ventures and Italian institutional investor CDP Venture Capital , with continued participation from Inventure VC. This funding round brings Algorithmiq’s total funding to €36 million and represents Italy’s large