QDI systems, a medtech startup from Groningen, the Netherlands has just raised €1.3 million in seed funding. The financing round was led by Maki.vc (that invested in Zevoy, OutShifter, and Aisti) and Carduso Capital. With this investment, QDI Systems will be ready for the next step of further developing the technology and bringing it to the market.
Brings quantum dot tech to the market
With this investment, QDI Systems will be ready for the next step of further developing the technology and bringing it to the market. Prior to this, in May 2021, Carduso Capital and RuG Ventures invested in QDI Systems. The company used the funds to set up its first laboratory, strengthen its patents and complete its R&D team.
“We saw the potential of quantum dot technology at an early phase and we had complete confidence in the team. With this new investment, QDI Systems will enter its next phase” said Koos Koops, Partner at Carduso Capital.
“QDI’s solution is a textbook example of breakthrough technology with multiple benefits – better imaging quality with lower radiation doses while simplifying the production process and using less toxic materials. Although the company is still in its early days, it has already generated impressive traction and feedback from large industrial companies, some of which have stated that this is the best new tech they have seen in ten years”, said Maki.vc’s Partner Paavo Räisänen.
Quantum Dots, next-gen X-ray tech
he company is a spin-off from the Zernike Institute for Advanced Materials at the University of Groningen and develops imaging devices for medical applications, based on quantum dots. Founded in Artem Shulga in 2019, the high-tech startup develops imaging devices based on this tech for medical X-ray applications. It is the world’s first initiative that demonstrates the added value of quantum dots for X-ray examinations.
Quantum dot converts photons into electronic signals in a highly effective way. When quantum dots are used for X-ray examinations, they are able to create a higher image quality at lower radiation doses. The technology is expected to have a huge impact on procedures like mammogram screening and diagnostics.
“When you use a high dose, the image quality gets better. But because radiation is also bad for the body, this is a difficult trade-off. Our quantum dot technology makes it possible to create X-ray views of higher image quality, but with a lower dose of X-rays. It’s better for the patient and better for the diagnosis”, said founder Dr. Artem Shulga.
QDI’s quantum dot approach has attracted the interest of prominent industry players such as Teledyne DALSA, a manufacturer of low-dose dynamic digital X-ray detectors. Their products are primarily used in real-time medical healthcare applications such as Surgery and Extra Oral Dental.
Thorsten Achterkirchen, General Manager at Teledyne DALSA said: “As a leader in this field, we’re always interested in new techniques that offer the lowest possible dose for the patient, while delivering the highest possible image quality to the healthcare professional. We are very much interested in validating the QDI approach.“