TQI Exclusive: Denmark’s Strategic Move to Lead Global Quantum Innovation

Insider Brief

• Deep Tech Lab – Quantum (DTL-Q) aims to position Denmark as a significant player in the global quantum technology sector.
• DTL-Q cultivates a comprehensive ecosystem that nurtures all aspects of startup growth.
• The accelerator’s strategy includes forging key partnerships to expand its reach and resources.

From Copenhagen, a significant initiative in quantum technology is underway.

Deep Tech Lab – Quantum (DTL-Q), an ambitious accelerator, aims to position Denmark as a significant player in the global quantum technology sector. The accelerator seeks to leverage Denmark’s research strengths and strategic partnerships to carve out a place on the international stage.

Holistic Approach to Startup Success

At DTL-Q, the support for startups extends beyond funding. The accelerator cultivates a comprehensive ecosystem that nurtures all aspects of startup growth—from securing venture capital to navigating the complexities of public and private funding landscapes.

Cathal Mahon, Chief Business Officer at Deep Tech Lab Quantum, emphasized the breadth of this support, “We’re building an ecosystem that does more than just fund; we’re creating a community that supports all facets of a startup’s development.”

The infrastructure around DTL-Q is meticulously designed to cater to the specialized needs of quantum technologies. Through close collaboration with nearby universities, such as the renowned Niels Bohr Institute at the University of Copenhagen, the facilities are tailored to foster innovation and expedite the journey from concept to market.

DTL-Q’s strategy includes forging key partnerships to expand its reach and resources. A notable collaboration is with the Defence Innovation Accelerator for the North Atlantic (DIANA), which connects startups to an extensive network of investors, testing facilities, and expert mentorship.

“Our role in DIANA amplifies our capacity to support dual-use innovations that have both civilian and defense applications,” Mahon said.

This involvement not only enhances the support available to DTL-Q’s startups but also underscores Denmark’s strategic role in the broader tech ecosystem.

Meet the first DIANA cohort fra DTL-Q here

From Life Sciences to Quantum Breakthroughs

DTL-Q’s origins trace back to the BioInnovation Institute, an initiative by the Novo Nordisk Foundation aimed at bridging the gap between academic research in life sciences and its commercial application. Observing similar opportunities in the quantum sector, the foundation adapted its approach to catalyze the commercialization of quantum research.

Reflecting on this transition, Mahon said, “A lot of investment was made into basic research, but there wasn’t much visible impact in terms of startups.”

Mahon draws a compelling parallel between the fields of life sciences and quantum technologies, both characterized by high costs, long development times, and substantial risks.

“When you’re working with life science companies, particularly in therapeutics, and similarly with quantum computing, the parallels are clear. Both fields require a lot of time, involve high risks, and demand interdisciplinary teams adept at handling complex technological challenges,” said Mahon. “This way of thinking is totally ingrained in the way that people work with the companies and the processes that they have. So essentially, that is what we’re building upon here at DTL-Q.”

Looking Forward

Looking forward, Mahon expresses cautious optimism about DTL-Q’s future.

“We aim to position ourselves among the top global accelerators, but we recognize the competitiveness of the field and the inherent challenges,” he said.

DTL-Q seeks to utilize its strong foundations in research and its understanding of market dynamics to achieve its goals.

As the technology landscape evolves, DTL-Q aims to enhance Denmark’s stature in the quantum field thoughtfully and strategically. By fostering international collaborations and building a supportive ecosystem, DTL-Q hopes to contribute to the development of future industry leaders in quantum technology.

Deep Tech Lab – Quantum represents Denmark’s commitment to advancing quantum technologies. By providing comprehensive support and fostering international partnerships, DTL-Q participates actively in the global quantum innovation race, aiming to influence the future of this emerging technological frontier effectively.