Danish Centre for AI Innovation (DCAI) has agreed to about $75 million in new equity, adding IT services company Netcompany as a shareholder as DCAI’s chair says the Gefion supercomputer is nearing full capacity.
Netcompany will invest approximately $49 million and existing shareholder EIFO about $23 million, with the Novo Nordisk Foundation also contributing. Netcompany’s November 10 regulatory announcement described an unconditional agreement, with completion expected later that day. The proceeds will support computing infrastructure, technology and DCAI’s operations.
DCAI gives researchers and businesses access to computing power to train and run AI models in Denmark. Gefion was inaugurated in October 2024 at a Digital Realty data center in Copenhagen, equipped with 1,528 Nvidia H100 processors. Its users span defence, research, healthcare and industry.
The partners aim to broaden access for public institutions and companies handling sensitive or regulated data. Netcompany plans to contribute its Feniks Governance software for access controls, monitoring and security, alongside experience running critical IT systems around the clock.
After completion, the Novo Nordisk Foundation will retain a 52.6% majority, while EIFO and Netcompany will each own 23.7%. Netcompany will gain the right to nominate one of four directors, with chief executive André Rogaczewski joining the board upon completion.