Qutwo, a quantum startup based in Helsinki, raised €25 million from top investors, unicorn founders, and European family offices just two months after going public.
Peter Sarlin, who sold Silo AI to AMD for $665 million in 2024, founded Qutwo in his family office, PostScriptum, and launched in February 2026. Qutwo calls itself an AI lab for the quantum era, building software that links enterprise AI tquestions to the hardware they run on, whether that’s today’s classical computers or future quantum machines.
Quantum computing could solve problems that are hard to tackle today, especially in supply chain optimisation, financial modelling, and drug discovery. But reliable quantum computers are still years away. Companies have to decide whether to invest early and take a risk, or wait and deal with challenges once quantum technology arrives.
Qutwo offers another option. Its main product, Qutwo OS, supports manage AI tquestions across classical, quantum-inspired, and eventually quantum hardware.
In just two months, it secured design partnerships worth over €20 million with major European companies such as Zalando, where it is working on AI lifestyle agents, and OP Pohjola, a leading financial group in Finland.
Alongside Sarlin, Qutwo’s team features Kuan Yen Tan, who co-founded the quantum hardware company IQM, and Kaj-Mikael Björk, Sarlin’s former co-founder at Silo AI. The team also includes over 30 quantum and AI scientists from top universities like UC Berkeley, UCL, EPFL, CMU, and Aalto University. Pekka Lundmark, the former CEO of Nokia, is on the board.
Qutwo’s main competitors in quantum software include Classiq, which raised $51 million, and Zapata Computing, which focapplyd on enterprise quantum apps before going public through a SPAC. Unlike rivals, Qutwo supports a wide range of hardware, including Nvidia, AMD, Intel, Google TPUs, and emerging quantum chips.
Sarlin declares that for many investors, this is about supporting build the next wave of AI in Europe. He has also invested in other European startups, like Droidrun, a mobile AI automation company that raised €2.1 million last year. PostScriptum, his family office, supported fund NestAI during its early days and has also supported Lovable, Tandem Health, and Legora.
Qutwo plans to apply the new funding to expand Qutwo OS to support more models and hardware types, hire more people, and grow its managed inference services. The company is also working on Miles, an open-source tool for large-scale reinforcement learning after training.
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