DSA Holding and NGS Partner with Innogress for $2B Quantum Tech Investment in India
DSA Holding AS and NGS AS have partnered with Innogress Ventures to invest $2 billion in quantum, AI, and robotics technology projects in India, facilitated by a Letter of Intent and Memorandum of Understanding signed at JSS University, Noida. The funding will support initiatives like the Greater Karnavati Quantum Computing Tech Park and collaborations with institutions such as IIT Gandhinagar, while also focusing on green tech solutions for data centers. This investment represents one of the largest private contributions to India's quantum tech sector, aimed at strengthening the country's deep tech and clean tech ecosystems.
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DSA Holding AS of Norway, along with NGS AS, has partnered with Innogress Ventures to invest $2 billion in quantum, AI, and robotics technology projects in India. This investment is facilitated through a Letter of Intent and Memorandum of Understanding signed at JSS University, Noida.
The funding will support Innogress's projects, including the Greater Karnavati Quantum Computing Tech Park, Greater Noida Robotics Technology Park, and Indraprastha Quantum Data Center, as well as collaborations with institutions such as IIT Gandhinagar and JSS University. NGS AS will also collaborate on green tech initiatives to meet energy needs of Innogress's data centers. This investment marks one of the largest private investments in India's quantum tech sector, aiming to enhance deep tech and clean tech ecosystems in the country.
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