QuTwo Raises €25M to Bridge AI and Quantum Computing

Helsinki-based QuTwo, founded by former Silo AI chief Peter Sarlin, has closed a €25 million round at €380 million valuation just four months after launch. The startup is building software that routes AI tasks across both conventional and quantum computers. Backers include Yuri Milner and Supercell founder Ilkka Paananen. QuTwo has 50 staff and early customers in finance, energy, and healthcare.