Poland’s QNA Technology raises $4M

Wroclaw-based supplier of quantum dots & quantum inks, QNA Technology, has raised $4 million (about 16 million PLN). The company also starts to apply for the listing of its shares on ASO NewConnect.

• Founded in 2016, QNA Technology produces blue-light emitting, heavy metal-free quantum dots, quantum dot-based inks. QNA Technology’s quantum dots, which are semiconductor nanocrystals used as light emitters in TV displays, AR/VR glasses and the automotive industry, among other applications.
• The fresh investment was led by existing private investors and the National Center for Research and Development, and also saw participation from new investors. It will be spent on the development and commercialization of its products.

“Many thanks to Marcin Szydło, Grzegorz Domagała, and Dariusz Tenderenda for the successful execution of the issue and Jakub Kapica for the legal advice he provided for the project, as well as to all other people and entities involved in the process. Also, special thanks to all our existing investors, especially Krzysiek and Michał, for their contribution to the Company’s development to date, and to the new investors, who have given us their confidence and joined us”,

QNA Technology added.

• The company also announced the start of preparations to apply for the listing of its shares on ASO NewConnect.