Updated
Updated · TechCrunch · May 6
QuTwo raises €25m angel round at €325m valuation
Updated
Updated · TechCrunch · May 6

QuTwo raises €25m angel round at €325m valuation

8 articles · Updated · TechCrunch · May 6
  • Founded by former Silo AI chief Peter Sarlin, the Finnish lab says it already has about $23 million in committed revenue and 50 AI and quantum scientists.
  • Its QuTwo OS routes workloads across classical, quantum and hybrid systems, with enterprise AI as the main focus and Zalando among design partners.
  • Sarlin said QuTwo chose angels over venture capital after strong soft-launch interest, betting Europe’s push for local tech will support long-term AI and quantum-inspired research.
Can a Finnish startup's 'quantum-inspired' AI truly challenge Silicon Valley's dominance?
Is QuTwo’s $380M valuation based on a tech breakthrough or its founder's past success?

QuTwo Secures €25M Angel Funding to Lead Europe’s AI-Quantum Computing Hybrid Revolution

Overview

In May 2026, Helsinki-based AI startup QuTwo secured €25 million in angel funding, reaching a €325 million valuation, backed by prominent investors like Yuri Milner and Thomas Wolf. Led by Peter Sarlin, founder of Silo AI, QuTwo focuses on a pragmatic AI-first strategy that integrates quantum-inspired computing through its hardware-agnostic QuTwo OS. This platform enables enterprises to run complex AI workloads efficiently across classical and emerging quantum systems, delivering near-term value and energy savings. With $23 million in committed revenue from partnerships with Zalando and OP Pohjola, QuTwo is positioned as a key enabler in Europe's push for technological sovereignty and the quantum computing future.

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