Atom Computing Picks Denmark for European Headquarters, Receives Danish Funding

June 4, 2024

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.”

A Strong International Position

“I’m delighted that Atom Computing has decided to establish a European head office in Denmark,” said Christina Egelund, the Danish Minister for Higher Education and Science. “This testifies to our strong international position in quantum technology. International partnerships and collaboration are crucial to the development of a strong Danish ecosystem and to our ability to leverage our world-class research environment. This new strategic partnership demonstrates that the National Strategy for Quantum Technology is not just another publication: it leads to concrete new initiatives and important steps forward.”

“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.”

The partnership with Atom Computing also supports Denmark’s National Strategy for Quantum Technology, announced in 2023, and is an excellent example of the Quantum Information and Sciences Technology (QIST) cooperation agreement between Denmark and the USA. Signed in June 2022, the agreement commits both countries to fostering a vibrant QIST ecosystem through loyal cooperation, inclusive research communities and partnership sites. In Denmark, Atom Computing employs quantum research that began over 100 years ago at the Niels Bohr Institute and continues to this day at Danish universities and NATO’s Deep Tech Lab – Quantum.

About Atom Computing

Atom Computing was founded in 2018 in Berkeley, California, USA and is regarded as a leading quantum computing company. In October 2023, they announced a new quantum computer within excess of 1,000 qubits – the biggest quantum computer worldwide at that time. expect their latest model, which exceeds 1,000 qubits, to be offered as a cloud solution in 2024/25. This will enable the development of the first viable applications in areas such as simulation.

About Invest in Denmark

Invest in Denmark is Denmark’s organization promoting national investments. Invest in Denmark is part of the Ministry of Foreign Affairs of Denmark, and attracts around 60 foreign investments and 2.000 jobs to Denmark yearly within tech, life science and clean tech.


Source: Export and Investment Fund of Denmark (EIFO)

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