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

TechCrunch ·

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

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). …

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. …

Original source: TechCrunch