QuNorth A/S

Based in Denmark, QuNorth A/S is a Nordic quantum computing company that specializes in advanced quantum technology solutions, providing transformative computational capabilities for various industries. Founded in 2025 and headquartered in Hellerup, Denmark, QuNorth A/S focuses on developing quantum computing technologies. The company raised EUR 80. 000 mn in its most recent funding round on July 17, 2025, co-led by new investors, Export and Investment Fund of Denmark and the Novo Nordisk Foundation.

The total amount raised by QuNorth to date is EUR 80. 000 mn. QuNorth offers cutting-edge quantum computing technology, with its flagship product, Magne, being a level 2 quantum computer that features 50 logical qubits and over 1,200 physical qubits. Utilizing ‘neutral atom’ technology, Magne serves clients in fields such as pharmaceuticals, finance, and materials science.

Located within Innovation District Copenhagen, QuNorth collaborates with local research institutions and industry partners to enhance technological development in the Nordic region. The revenue model of QuNorth is centered around offering access to its quantum computing capabilities via partnerships and direct service agreements. This may include subscription-based access to the Magne quantum computer, allowing clients, including research institutions and businesses, to utilize its computational power for complex problem-solving and innovation. The pricing structure is customized based on services such as cloud-based access, consulting, and application development.

In July 2025, QuNorth A/S secured EUR 80. 000 mn in funding, which will be utilized to enhance its technological development. The company is focused on launching new products and expanding its market presence across the Nordic region. Specific regions targeted for expansion include Finland and Sweden by the end of 2026.