Daily News — May 6, 2026
About this episode
Qutwo raises €25M to build a European AI lab for the quantum era, OpenTrade secures $17M to scale its stablecoin yield infrastructure, Davis closes a $5.5M pre-seed to automate real estate development workflows with AI. Three signals on AI, quantum computing, fintech infrastructure, and vertical proptech.
Europe's most interesting startup stories. Every week.
No spam. Unsubscribe anytime.
Startups mentioned
Qutwo
Finnish startup founded in February 2026 by alumni of Silo AI and IQM, building a European frontier AI lab connected to the new quantum computing paradigms. Raised €25M in an angel round at a €325M post-money valuation, backed by Xavier Niel, Yuri Milner, and Ilkka Paananen, with over €20M in contracted revenue already secured.
OpenTrade
UK startup that built a B2B infrastructure for distributing stablecoin yield products to fintechs, neobanks, exchanges, and institutional operators — without them needing to build the technical stack internally. Surpassed $200M in TVL and $250M in volume in 2025, with total raised exceeding $30M after a $17M strategic round.
Davis
French startup from Paris that developed an AI platform to accelerate early-stage real estate development workflows: feasibility studies, floor plans, and layouts under regulatory constraints. Introduced Gaudi-1, a proprietary model for automated architectural design. Raised $5.5M pre-seed led by Heartcore Capital and Balderton Capital.