QDI systems, a Groningen-based deeptech startup, has raised €5 million in a bid to scale its quantum dots technology for the medical sector.
The startups’ Series A round was led by the Northern Netherlands’ investment and development agency NOM, with existing investors Carduso Capital, RuG Ventures, and Maki.vc participating.
You may be most familiar with quantum dot technology through its application in TV and display units, often marketed as QD or QLED, QDI systems isn’t going to make your film nights any better, but perhaps your life.
Spun off from Zernike Institute for Advanced Materials, QDI systems is applying nanomaterial quantum dots technology to medical imaging operations such as X-ray imaging and mammography screening, and thanks to a significant reduction in the amount of radiation required in the processes, making them safer, faster, and more precise.
While however advantageous the application of quantum dot technology may be to the medical imaging industry, QDI systems has no plans of selling itself short.
The startup is also developing technology that makes us of shortwave infrared (SWIR) and could find a suitable home in industrial applications such as image sensors for sorting processes, and consumer applications like facial recognition for mobile phones.
QDI Systems’ CEO and founder Artem Shulga elaborates:
"We work with image sensing and semiconductor companies, which typically focus on image sensors beyond X-ray. With the shortwave infrared market on the brink of significant growth due to consumer market adoption, this application unlocks a significant market opportunity for us.”
Lead image via QDI systems. Photo: Uncredited.