Industry Briefing
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Finnish AI Lab QuTwo Valued at $380M After Angel Round Backed by Yuri Milner and Xavier Niel
QuTwo, a Finnish artificial intelligence laboratory established by Peter Sarlin, the former CEO of AMD Silo AI, has successfully secured €25 million in an angel funding round, achieving a valuation of €325 million. The investment round attracted notable figures, including Yuri Milner, Xavier Niel, and Nico Rosberg, as well as founders from prominent companies such as Skype, Wolt, and Supercell. QuTwo's flagship product, QuTwo OS, serves as an AI orchestration layer designed to enhance the integration and functionality of AI technologies. This funding will enable the company to further develop its innovative solutions in the rapidly evolving AI landscape.
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