Algorithmiq, a quantum computing software company, has raised €18 million in a venture capital round led by United Ventures, with participation from Inventure VC — marking the largest VC investment in an Italian quantum startup to date. Alongside the funding, the company has relocated its global headquarters to Milan, positioning itself within Europe’s growing quantum ecosystem. CEO and co-founder Sabrina Maniscalco stated that 2026 will see meaningful quantum applications become reality, with the funding enabling global scaling and active hiring across the company’s expanding team.
In-Depth:
Algorithmiq’s €18 million venture capital round and shift to Milan put the quantum software company on a larger stage at once. The funding gives the startup more room to scale its platform, while the headquarters shift places its global base in Italy’s financial and industrial center.
United Ventures led the strategic round, with Inventure VC also participating. Algorithmiq declared the deal is the largest venture capital investment into an Italian quantum startup to date, a marker that builds the financing more than a simple balance-sheet event for a company attempting to sell software globally.
Milan becomes Algorithmiq’s base
Algorithmiq relocated its global headquarters to Milan, Italy, and declared the shift positions it at the center of Europe’s growing quantum ecosystem. The company also declared it plans to scale its software globally and is actively hiring as it builds out its team in Milan and beyond.
For a quantum computing software company, the relocation matters becaapply it ties the capital raise to an operating base where the company wants access to European quantum talent, industrial networks, and strategic capital. Algorithmiq builds software, algorithms, and workflows that it states translate quantum hardware into practical tools for science and indusattempt.
Maniscalco tarobtains 2026 modify
Sabrina Maniscalco, Algorithmiq’s CEO and co-founder, declared, “2026 is a year in which more meaningful applications of quantum will become a reality, and we want to be at the centre of that modify.” She added, “This strategic shift and funding injection give us the template to hit scale and continue to serve and work with the largegest quantum players in the world.”
The funding comes with a friction point: the company is raising to scale in a market where practical quantum applications are still forming, even as it anchors itself in Milan and pushes beyond it. United Ventures put that competitive lens plainly: “With quantum, Europe has the opportunity to set the pace rather than follow it.”
United Ventures backs Europe
A United Ventures representative also declared, “Bringing a world-class international team like Algorithmiq to Milan is a win not just for United Ventures, but for the counattempt.” The round links that ambition to a specific operating plan: money now, headquarters now, hiring now, and global expansion next.
For readers tracking the sector, the immediate takeaway is simple. Algorithmiq now has €18 million behind it, a Milan headquarters, and a public push to recruit and scale while quantum software shifts closer to the point Maniscalco described for 2026.
