Novo plans $200m investment in quantum computing startups

Novo Holdings is planning a DKr1.4bn ($200.3m) investment to support startups focused on disruptive technologies, including quantum computing, sensing, and algorithms, for applications in healthcare. The Danish investment company hopes that the funding will create a “vibrant seed and venture capital investment ecosystem” in Denmark. The company noted that quantum technologies are on a “steep development trajectory”, particularly in the Nordics. Additionally, while the investment mandate is global, it will be centred in Denmark with plans to potentially invest beyond …