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

TechCrunch AI
AI Research

QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325M (approximately $380M) after raising a €25M angel round ($29M). It's a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.