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628 Helsinki’s Algorithmiq wins €1.7 million prize for quantum-enabled light-sensitive cancer drug discovery

EU-Startups
Rahul Raj @ EU-Startups · 04/17/2026 07:14 EDT

Helsinki’s Algorithmiq wins €1.7 million prize for quantum-enabled light-sensitive cancer drug discovery

Algorithmiq, a Helsinki-based quantum software company, has become the sole winner of a €1.7 million ($2 million) prize from Wellcome Leap, a US nonprofit founded by the Wellcome Trust to accelerate breakthroughs in human health. The company secured this prize for being the first and only contestant to demonstrate quantum computing’s potential to simulate complex ...

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