Peter Sarlins QuTwo reaches $380M valuation in angel round TechCrunch

Peter Sarlins QuTwo reaches $380M valuation in angel round | TechCrunch

News Source : TechCrunch

News Summary

QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) It raised a €25 million ($29 million) angel round.
The company already secured some $23 million in committed revenue thanks to design partnerships with the likes of retail giant Zalando.
“AI is the north star that we will continue to aim for.
Quantum is just a new type of compute,” said Sarlin.

QuTwo, 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). Its a sign o [+4516 chars]

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