Peter Sarlin's QuTwo hits $380M valuation
peter sarlin's new finnish ai lab qtwo reached a €325m ($380m) valuation after a €25m angel round. the startup focuses on enterprise ai and quantum-inspired orchestration, already securing $23m in committed revenue from partners like zalando. investors include yuri milner and xavier niel.
QuTwo, founded by former Silo AI CEO Peter Sarlin, raised €25 million in an angel round reaching a €325 million valuation. The lab builds QuTwo OS, an orchestration layer directing tasks to classical, quantum, or hybrid architectures, with a current focus on 'quantum-inspired' enterprise AI. It has secured $23 million in committed revenue via design partnerships with clients like Zalando. The investor group features Yuri Milner, Xavier Niel, and founders from Skype, Supercell, and Wolt. Sarlin rejected VC funding, opting for a five-to-ten-year roadmap to build Europe's leading AI company without the pressure of becoming an immediate unicorn.