Denmark’s Novo Holdings is to invest DKK1.4bn (€188m) in quantum computing research.
In a statement, it said quantum technologies are on ‘a steep development trajectory’, especially in the Nordics, providing the potential for Denmark to establish itself as a global innovation hub.
Søren Møller, Managing Partner, Seed Investments at Novo Holdings, said, “Quantum technology is a disruptive and transformative field that can revolutionise various sectors and global challenges … our ultimate goal is to create, grow and develop strong quantum technology companies in the Nordics.”
The Danish government has committed DKK1.2bn (€160m) to quantum technology research which combined with the grants from the Novo Nordisk Foundation and other contributors, make Denmark’s per capita investments in quantum technology ‘the highest in the world today’.
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