quantum computing

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Peter Sarlin’s QuTwo reaches $380M valuation in angel round

QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.

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Before quantum computing arrives, this startup wants enterprises already running on it

After selling his AI startup to AMD for $665 million, Peter Sarlin is back with QuTwo, a new venture building the infrastructure it believes enterprises will need when quantum computing finally arrives.

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Quantonation’s double-sized second fund shows quantum still has believers

Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 million, or approximately $260 million. That’s more than twice the size of its inaugural fund, and comes in addition to other signals that the quantum winter isn’t coming yet.

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