Finnish AI Lab QuTwo Valued at $380M After Angel Round Backed by Yuri Milner and Xavier Niel

QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, has raised €25 million in an angel round at a €325 million valuation. Investors include Yuri Milner, Xavier Niel, Nico Rosberg, and founders from Skype, Wolt, and Supercell, among others.

The company’s core product, QuTwo OS, is an AI orchestration layer directing workloads across classical, quantum, and hybrid computing architectures. Sarlin has been explicit that enterprise AI remains the primary focus, with quantum computing serving as an additional compute type rather than the mission itself. Design partnerships with companies including Zalando have already generated $23 million in committed revenue.

Sarlin deliberately avoided venture capital, citing a desire for long-term freedom to build what he described as Europe’s leading AI company for the next technological paradigm.

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