The Helsinki startup, launched in February by Silo AI founder Peter Sarlin, says it has secured over €20m in design partnerships with companies including Zalando and OP Pohjola.
Qutwo develops software to route enterprise AI workloads across classical, quantum-inspired and future quantum hardware, and plans to use the funding to expand Qutwo OS, hire staff and grow managed inference services.
Its team includes IQM co-founder Kuan Yen Tan and more than 30 AI and quantum scientists, as Europe-backed investors bet on software that could help companies prepare before reliable quantum computers arrive.
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.