Customer Review with Artem Shulga, CEO QDI Systems about NOM Investment

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Artem Shulga

QDI Systems is a pioneering deep-tech company developing imaging devices for medical applications using advanced nanomaterial quantum dots. The company was founded in 2019 by physicist Dr. Artem Shulga as a spin-off from the Zernike Institute for Advanced Materials at the University of Groningen. In the Series A funding round, QDI Systems raised a total of €3 million from investors such as the NOM, Carduso Capital, RUG Ventures and the Finnish deep tech fund Maki.vc. From the Dutch government agency RVO, the startup also received an innovation loan of €1.97 million.

What problem were you trying to solve WHEN YOU APPROACHED NOM?

Besides just an investment, we were also looking for a partner who could help us with a network to stay and grow here in the region.

Artem Shulga

How have our services impacted your business?

With NOM joining during the third investment round, we now have a perfect balance of investment partners. Maki is a large and specialized international fund. And that provides us with access to a large international network of companies we can work with. But of course, we also need people to do that. NOM has a fantastic regional network to attract talent with, so this is a great balance for us.

Artem Shulga

Can you describe your experience working with NOM?

The cooperation was surprisingly smooth and efficient. We really didn't expect that at all from a government organization as an investor. Even investment fund Maki was impressed by how quickly and well it all went. The communication was clear, the agreements were clear and the offer we received was also really reasonable. We are really very happy with how it all went.

Artem Shulga

Would you recommend our services to others and if so, what would you say?

We definitely recommend working with NOM. They’re a good investment partner and offer a fair deal. They did their due diligence and the process was clear and straightforward, so that's really just the type of investor you want.

Artem Shulga

Read the story about QDI Systems