Helsinki-based AI company Qutwo has raised €25 million in an angel funding round at a €325 million post-money valuation. The round attracted a group of founders and investors, including Yuri Milner, Xavier Niel, Ilkka Paananen, Max Junestrand, and Thomas Wolf.
- Launched in 2026 by Peter Sarlin, Kaj-Mikael Björk, and Kuan Yen Tan, Qutwo develops enterprise software that models complex optimisation and simulation problems and solves them using a combination of classical computing, AI models, and quantum or quantum-inspired methods.
- The system works by converting business problems into mathematical formulations, processing them through different computational approaches, including GPU-based AI systems and early quantum techniques, and comparing results to identify the most efficient solution.
- It is designed to integrate with existing enterprise data infrastructure, process large-scale datasets, and return outputs such as optimised schedules, allocation plans, or scenario simulations.
Details of the deal
- The fresh capital will be used to scale Qutwo’s enterprise platform, expand its technical team, and accelerate development and deployment of its optimisation software for early customers.
