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QDI Systems to Receive up to $7.5M in Funding

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GRONINGEN, Netherlands, Feb. 25, 2025 — QDI Systems, a developer of quantum dot-based imaging technology, has received a €2.5 million ($2.6 million) grant from the European Innovation Council. Total funding available through the grant and accompanying equity financing is up to €7.5 million. QDI Systems plans to use the funding to scale its nanomaterial quantum dot technology for SWIR and x-ray applications. The company, a 2019 spinoff of the Zernike Institute for Advanced Materials at the University of Groningen, previously raised $5.4 in a Series A funding round last year. Since then, QDI Systems said it has...Read full article

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    Published: February 2025
    Glossary
    quantum dots
    A quantum dot is a nanoscale semiconductor structure, typically composed of materials like cadmium selenide or indium arsenide, that exhibits unique quantum mechanical properties. These properties arise from the confinement of electrons within the dot, leading to discrete energy levels, or "quantization" of energy, similar to the behavior of individual atoms or molecules. Quantum dots have a size on the order of a few nanometers and can emit or absorb photons (light) with precise wavelengths,...
    Businessfundingquantum dotsImagingSWIRx-rayQDQDI SystemsEuropeNetherlandsEuropean Innovation Council

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