Qutwo Rockets to €325M Valuation as Finnish Founders Build Europe’s AI Lab for the Quantum Future

Finnish artificial intelligence startup Qutwo has secured €25 million in an angel funding round just months after launching, achieving a valuation of €325 million as it positions itself at the intersection of AI and quantum computing. The rapid rise of the Helsinki based company highlights growing investor appetite for technologies expected to shape the next generation of computing infrastructure.

Backed by High Profile Tech Leaders

The funding round attracted a notable group of angel investors from across the global technology and venture capital ecosystem. Among the backers are Max Junestrand of Legora and Thomas Wolf of Hugging Face.

The round also includes participation from founders and owners connected to Schwarz Group, Index Ventures, and Atomico, reflecting strong confidence in Qutwo’s long term ambitions.

Founded by Experienced AI and Quantum Entrepreneurs

Qutwo was co founded by Peter Sarlin, whose previous company Silo AI was acquired by AMD for $665 million in 2024.

He is joined by Kaj-Mikael Bjork, Sarlin’s former cofounder at Silo AI, and Kuan Yen Tan, who previously co founded Finnish quantum computing company IQM.

The founding team combines expertise in artificial intelligence, quantum computing, and deep technology commercialisation, positioning the company to tackle complex infrastructure challenges.

Building an AI Platform for the Quantum Age

Qutwo’s core ambition is to become Europe’s leading AI lab focused on the emerging quantum computing era. The company is developing a software platform called Qutwo OS, designed to help enterprises maximise the capabilities of AI systems as quantum technologies continue to evolve.

The platform aims to bridge current AI systems with future quantum computing environments, enabling organisations to prepare for more advanced computational models without rebuilding their technology stacks from scratch.

This approach reflects growing industry expectations that AI and quantum computing will increasingly converge over the coming decade.

Early Commercial Momentum

Despite launching only recently, Qutwo says it has already secured more than €20 million in contracted revenue since February. This early traction suggests strong enterprise interest in technologies capable of supporting future AI infrastructure needs.

The company has also rapidly expanded its technical team and now employs more than 50 scientists and engineers. Talent has been recruited from organisations and institutions including Microsoft Research, University of California Berkeley, and University of Cambridge.

Europe’s Growing Deeptech Ambitions

Qutwo’s rise comes at a time when Europe is increasing investment in sovereign AI and quantum technologies as part of broader efforts to strengthen technological independence. The company’s positioning as an AI platform built for the quantum era aligns with growing demand for advanced computing infrastructure developed within Europe.

According to Peter Sarlin, the funding round represents more than financial backing. He described the current moment as a once in a generation opportunity to shape the next phase of artificial intelligence.

Scaling for the Next Computing Paradigm

With substantial early funding, a rapidly growing team, and strong investor support, Qutwo is preparing to scale both its technology and commercial operations. The company aims to build infrastructure capable of supporting future AI models and applications as computing architectures become increasingly sophisticated.

As the boundaries between AI and quantum computing continue to narrow, Qutwo is positioning itself to become one of Europe’s defining deeptech companies in the next era of computing innovation.

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