Quantum Materials Corp announces a $15 million investment to accelerate its QD healthcare development project

US-based Tetrapod Quantum Dots developer Quantum Materials Corp (QMC) announced that is has received a $15 million investment from Pasaca Capital.

Quantum Materials red quantum dots PL photo

QMC develops QDs for several markets, including the display industry, but it is currently focused on the medical market. The company developed the use of quantum dots to verify covid-10 sample origins and track samples through the testing process. The company brands is medical solutions under the QMC HealthID brand, and the Pasaca Capital investment will support an expansion of the medical market.