tech
May 6, 2026
Peter Sarlin's QuTwo reaches $380M valuation in angel round
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.
TL;DR
- QyTw0, a Finnish AI lab founded by Peter Sarlin, is now valued at €325 million ($380 million).
- The company raised €25 million ($29 million) in an angel funding round.
- This valuation reflects strong momentum for AI, quantum computing, and sovereign tech, especially in Europe.
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