Peter Sarlin s QuTwo reaches $380M valuation in angel round

The story

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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Image Credits: Matthias Balk/picture alliance via Getty Images / Getty Images AI Peter Sarlin QuTwo reaches $380M valuation in angel round Anna Heim 11:47 PM PDT · May 5, 2026 QuTwo , 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.
QuTwo’s name is a nod to quantum computing, but it hasn’t gone all-in on quantum. Its core product, QuTwo OS, is an orchestration layer that directs tasks to classical, quantum or hybrid architectures — with the idea that enterprise use cases are often best served by “quantum-inspired” computing, which uses classical chips to simulate quantum behavior on more reliable hardware.
Who and what
Key names and topics in this story: Peter Sarlin, QuTwo.
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