June 4, 2024 — The Export and Investment Fund of Denmark (EIFO) has announced an investment of 70 million DKK (~US$10.21 million) in Atom Computing, one of the world’s leading quantum technology businesses. On the basis of this investment, the California-based company has chosen Denmark as the location of its European headquarters.

Atom Computing CEO Robert Hays and EIFO CEO Peder Lundquist. Credit: Atom Computing.
EIFO’s investment is aligned with the national strategy of the Danish government to become a hub for international quantum technology, attracting international quantum businesses to Denmark. EIFO’s investment was made in close collaboration with Atom Computing and Invest in Denmark, the organization promoting national investments.

“Denmark has already established itself as an important player in the international quantum industry,” said Morten Bødskov, Danish Minister for Industry, Business and Financial Affairs. “We have had a strong tradition of tying close bonds across the Atlantic, which benefits both our society, as well as business. It is with pride that we have managed to succeed in making Denmark an attractive country to locate a business. It is evidence to the fact that the visions of the current administration’s quantum strategy makes a tangible difference and creates new partnerships as well as international collaboration.”

“Atom Computing is excited to partner with Denmark due to the country’s continued investment in quantum research coupled with the clear motivation from academia, government, and industry to advance the field of quantum computing out of the labs into deployment,” said Rob Hays, CEO of Atom Computing. “We believe this partnership advances the national strategic imperatives of both our countries.”