Quantum Leap: University of Copenhagen Fuels Quantum Tech Startups with DKK 10M

Quantum reaseach at the Niels Bohr Institute, University of Copenhagen. Archive photo.

The University of Copenhagen (UCPH) is setting its sights firmly on the future, earmarking DKK 10 million for the burgeoning field of quantum technology and supporting researchers who aim to commercialize their innovations. The venture capital, channeled through UCPH Ventures, will be amplified with a matching fund from PSV DeepTech under PreSeed Ventures. The primary objective? To propel new quantum-based businesses birthed from technology nurtured at UCPH.

This progressive move includes an express licensing protocol for spin-outs, streamlining partnerships and fostering quicker tech transition. Moreover, researchers can now tap into external quantum tech market experts for guidance.

In a nod to its rich history of quantum research, UCPH has proposed transforming the erstwhile Niels Bohr Institute premises into Quantum House Denmark. With state-of-the-art labs, it's poised to become a beacon for investors and quantum startups.

Rector Henrik C. Wegener encapsulates the essence of this initiative: "In the fast-paced world of quantum tech, it's paramount to translate research into tangible societal solutions. This project provides researchers and innovators the resources to transform their cutting-edge ideas into reality."

As UCPH's quantum coordinator and former Niels Bohr Institute head, Jan W. Thomsen puts it, "Denmark is at the cusp of a quantum tech revolution, and these steps ensure we remain leaders in harnessing its myriad possibilities."

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