VCSELence Torino Opens; QDI Systems Secures €5M in Series A: Week in Brief: 1/19/24

QDI Systems, a developer of imaging devices for medical applications, has secured €5 million ($5.4 million) in series A funding. The company, a 2019 spinoff of the Zernike Institute for Advanced Materials at the University of Groningen, will use the funds to commercialize its quantum dot-based imaging technology and to pursue SWIR-based technology. The funding also includes an innovation loan of €1.97 million ($2.1 million) from the Netherlands Enterprise Agency. The funding round was led by the Investment and Development Agency for the Northern Netherlands and joined by previous investors Carduso Capital, RuG Ventures, and Nordic venture capital fund Maki.vc.