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deep tech TechCrunch May 06, 2026

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

AI Summary

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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