Finnish AI lab QuTwo has secured a significant valuation of $380 million following a recent angel round investment. The company, founded by Peter Sarlin, former CEO of AMD Silo AI, raised €25 million, equivalent to approximately $29 million. This substantial funding boost brings QuTwo's valuation to €325 million, a testament to the growing interest in AI, quantum computing, and sovereign technology, particularly among European companies.
TechCrunch · Startups
Finnish AI Lab QuTwo Reaches $380M Valuation After Angel Round
Wednesday, May 6, 2026
Originally: Peter Sarlin’s QuTwo reaches $380M valuation in angel round
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