Netcompany Signs DKK 325M Primary Investment at DKK 875M Valuation to Fund Gefion
What happened
On November 10, 2026, Netcompany agreed to invest DKK 325 million in the Danish Centre for AI Innovation (DCAI) to help expand the Gefion AI supercomputer. This investment is part of a larger DKK 500 million funding round, with other contributors including the Novo Nordisk Foundation and EIFO. The investment values DCAI at DKK 875 million before the new funds. The proceeds will be used to increase Gefion's computing power and support its operations as it nears full capacity.
Key details
- Netcompany's investment totals DKK 325 million, funded through existing credit lines.
- Gefion runs on 1,528 NVIDIA H100 GPUs and is described as Denmark’s first AI supercomputer.
- After the transaction, Novo Nordisk Foundation will hold 52.6% of DCAI, with Netcompany and EIFO each holding 23.7%.
- Netcompany gains the right to nominate one of DCAI’s four board members.
- Gefion currently serves users in defense, healthcare, academia, and industry.
Why it matters
Organizations in Denmark that rely on advanced computing for AI projects, such as public institutions, researchers, and regulated industries, will have greater access to expanded AI infrastructure. The investment addresses the growing demand for AI computing resources and aims to ensure that critical sectors can continue to develop and deploy AI solutions without capacity constraints. For Netcompany, this move secures a strategic role in shaping the direction and governance of Denmark’s AI infrastructure.