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.
The bid comes from Quantum Computing Inc., which already lined up to buy Luminar’s semiconductor division. Luminar founder Austin Russell has also expressed interest.
It’s not the dysfunctional culture that kills great companies — it’s the denial of it. Leaders must face the brutal reality and take meaningful steps to fix it.
French defense tech company Harmattan AI is now valued at $1.4 billion after raising a $200 million Series B round led by Dassault Aviation, which is best known for making the Rafale fighter jet.