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January 18, 2024

Dutch Startup QDI Systems Raises €5 Million to Power Quantum Dot

Embarking on the quantum voyage, unleashing the power of quantum dots in medical imaging

In a quantum leap for medical imaging, Dutch deep tech startup QDI Systems has secured a groundbreaking €5 million in seed funding, building on its earlier success with a €1.3 million seed round in 2022. Spearheaded by NOM, the Investment and Development Agency for the Northern Netherlands, this latest round also saw continued support from existing investors Carduso Capital, RuG Ventures, and Nordic venture capital heavyweight Maki.vc.

This injection of funds, accompanied by a prestigious €1.97 million innovation loan from the Netherlands Enterprise Agency (RVO), propels QDI Systems into an exciting phase of scaling up its revolutionary quantum dots technology. Specifically designed for medical imaging, this innovation promises not only safer and faster procedures but also opens avenues for potential industrial applications.

QDI Systems has recently joined forces with the Swiss Centre for Electronics and Microtechnology CSEM, resulting in a landmark achievement—the development of the world's first quantum dots-based CMOS imaging chip designed for X-rays. This collaborative breakthrough extends its applications beyond healthcare, hinting at transformative possibilities in machine vision and beyond.

Founded in 2019 by Artem Shulga, a visionary emerging from the Zernike Institute for Advanced Materials at the University of Groningen, QDI Systems is at the forefront of harnessing nanomaterial quantum dots for medical imaging devices. These semiconductor nanoparticles, known for their efficiency in converting photons into electronic signals, mark a paradigm shift in imaging and sensor technology.

Beyond the realm of X-rays, QDI Systems is venturing into shortwave infrared (SWIR) technology, presenting new market potentials in industries like sorting processes and consumer applications such as facial recognition for mobile phones.

Artem Shulga, the CEO and founder of QDI Systems, expressed pride in pioneering this technology in medical imaging, emphasizing the mission to provide radiologists with high-quality images for more precise and early-stage diagnostics. Collaborating with image sensing and semiconductor companies, the startup stands as the world's first to apply quantum dots technology to medical imaging, particularly in X-rays and mammography screening.

Ytsen van der Meer, Investment Manager at NOM, recognized QDI Systems' potential to revolutionize medical imaging and highlighted the unique combination of scientific background, technical expertise, and commercial experience within the team.

In the words of Paavo Räisänen, Partner at Maki.vc, QDI Systems' groundbreaking application of quantum dots technology is setting new standards in the field of medical imaging, positioning them as leaders in the industry.

As QDI Systems propels toward the future, its quantum dots technology promises not only to redefine medical imaging standards but also to echo across industries, transforming the way we perceive and utilize cutting-edge imaging solutions.

Josefina Dipaolo
Josefina Dipaolo
Content writer at TechNews180
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