Deloitte, Grant Thornton and Baker Tilly already use the Copenhagen startup, which closed a $4.2m pre-seed a year ago and names Benelux as its next market.
Netcompany buys into Danish AI supercomputer operator DCAI
EditorialBy TrustList Editorial
Netcompany puts in DKK 325 million for 23.7% of the company that runs Gefion, beside EIFO and the Novo Nordisk Foundation, to open sovereign AI capacity to public bodies and smaller firms.
- Denmark
- Copenhagen, Denmark
- Artificial Intelligence - AI
- Machine Learning
- +2 more
About Netcompany buys into Danish AI supercomputer operator DCAI
Netcompany buys into Danish AI supercomputer operator DCAI
10 November 2026: Netcompany, the Copenhagen IT services group, is joining EIFO and the Novo Nordisk Foundation as an owner of the Danish Centre for AI Innovation (DCAI), the company that runs Denmark's Gefion AI supercomputer. The three are putting a further DKK 500 million into DCAI, which tech.eu puts at about €67 million.
The split of the money and the shares
Netcompany is investing DKK 325 million and EIFO, Denmark's state investment fund, another DKK 150 million. The Novo Nordisk Foundation tops up its own commitment to keep a majority. Once the investments close, DCAI will be owned 52.6% by the foundation, 23.7% by EIFO and 23.7% by Netcompany, which will take a seat on the board.
The government says it intends to provide DKK 150 million through EIFO to raise public commitment. Netcompany's release does not give a closing date.
From research machine to shared platform
Gefion was built mainly for researchers. The new money is meant to widen who can use it: the partners describe a shared sovereign national AI platform that lowers the barrier to advanced AI for public institutions, regulated industries and smaller businesses, which rarely have the capacity or the data rules to send sensitive work to a foreign cloud.
"Denmark must be among the countries shaping the direction of tomorrow's technology," said Martin Lidegaard, Minister for Business and Competitiveness, in the release.
The timing comes from the machine itself. Nana Bule, DCAI's chair, said "Gefion is approaching full capacity", and that demand is moving from training models to deploying and running them at scale. When Gefion was inaugurated in 2024 its main task was training large models; Martin Svensson, DCAI's chief executive, said the company can now build capacity that public institutions and businesses "can trust and adopt, not least where data is sensitive or regulated."
Netcompany's part is the software around the hardware. The company builds and runs some of Denmark's largest public digital systems, and the release pairs that experience with DCAI's infrastructure. Andre Rogaczewski, Netcompany's chief executive, said the value of Gefion "will not be measured in computing power alone".
What changes for buyers in Denmark
For a Danish public body or a bank that wants to run AI on data it cannot move abroad, the deal points to a domestic route with an IT integrator attached, rather than raw compute alone. The prices, the service terms and the date access widens beyond research are not yet published.
It also gives one of Denmark's main public-sector IT suppliers a stake in the national compute platform that other suppliers will rely on, a point competing integrators and procurement teams will watch as terms for access are written.
Sources
Categories & features
- Denmark
- Copenhagen, Denmark
- Artificial Intelligence - AI
- Machine Learning
- Public Sector
- Cloud
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