Peter Sarlin's QuTwo reaches $380M valuation in angel round
The Finnish AI lab declined venture capital backing and said it has secured about $23 million in committed revenue.
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10 Articles
Peter Sarlin’s Qutwo hits $380m valuation in an angel round
After selling Silo AI to AMD for $665m, the Helsinki entrepreneur is doing it again. Qutwo’s angel round prices a quantum-classical orchestration layer with no quantum hardware shipping yet, and customers already paying tens of millions for it. There is a particular kind of European startup story that is not supposed to happen at this […] This story continues at The Next Web
Finnish AI entrepreneur Peter Sarlin has collected 25 million euros for his new company – exclusively from private individuals. What's behind it.
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QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It's a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
Peter Sarlin's new AI startup Qutwo aims to become a leader in the field as AI moves into the quantum computing era. The company has raised €25 million in funding and is already valued at €325 million by investors.
BLK ALERTS - Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
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