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

QuTwo, a Finnish AI lab founded by Peter Sarlin, has reached a valuation of approximately $380 million following a $29 million angel funding round. The company focuses on an orchestration layer called QuTwo OS, which integrates classical, quantum, and hybrid computing for enterprise use cases. Despite the quantum-inspired name, Sarlin emphasizes that the firm is primarily an AI company. With $23 million in committed revenue and support from high-profile investors like Yuri Milner and Niklas Zennström, QuTwo aims to build long-term European sovereignty in the next generation of AI technology.

(Source：TechCrunch)