IQM, Europe’s first public quantum company, admits the future of the tech is uncertain
IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.
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Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, 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). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
Before quantum computing arrives, this startup wants enterprises already running on it
After selling his AI startup to AMD for $665 million, Peter Sarlin is back with QuTwo, a new venture building the infrastructure it believes enterprises will need when quantum computing finally arrives.
Finnish quantum unicorn IQM set to go public
Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion — joining the growing cohort of quantum computing companies listed on U.S. stock markets.
Behind the scenes of drone food delivery in Finland
TechCrunch went behind the scenes of a three-party partnership between Irish drone delivery company Manna, Doordash-owned food delivery platform Wolt, and food startup Huuva.
Finland’s NestAI lands €100M, partners with Nokia to build AI for defense applications
Finnish startup NestAI said it has raised €100 million to build “Europe’s leading physical AI lab.”
ReOrbit lands record funding to take on Musk’s Starlink from Europe
Finnish startup ReOrbit, has raised a record €45 million Series A for the country to offer “sovereign” satellites.
Brand new unicorn IQM sets its sights beyond Europe for its quantum computers
IQM, a Finnish quantum computing company is now a unicorn after raising over $300 million in a Series B round funding led by Ten Eleven Ventures, a U.S. investment firm focused on cybersecurity.