1 The EIC Accelerator Project

Overview of the EIC Accelerator Program

The EIC Accelerator program is a pivotal funding initiative under the European Innovation Council (EIC) designed to support innovative startups and SMEs (Small and Medium-sized Enterprises) in Europe. The primary objective of the EIC Accelerator is to foster breakthrough innovations and scale-up activities that can significantly impact the economy and society. The program is particularly focused on DeepTech ventures, which include advanced technologies that are often research-intensive and require substantial investment to bring to market.

Funding Structure of the EIC Accelerator

The EIC Accelerator offers a unique blended finance approach, combining both grants and equity investments.

Purpose and Impact on the European DeepTech Ecosystem

The EIC Accelerator plays a vital role in the European startup ecosystem, particularly in the DeepTech sector. By providing financial support, it enables innovative companies to transition from the ideation phase to full-scale commercialization. The program not only eases access to funding but also acts as a catalyst for attracting additional private investments. This is essential for startups that often struggle to secure sufficient funding in early stages due to perceived risks associated with groundbreaking technologies.

Through its support, the EIC Accelerator helps companies scale their operations, enhance their technological capabilities, and ultimately contribute to job creation and economic growth within Europe.

Case Study: NEXDOT and the Nexdiag Project

NEXDOT, a French startup, emerged as a winner of the EIC Accelerator, securing funding for its innovative project, Nexdiag. The project, aimed at revolutionizing allergy diagnostics, leverages next-generation ultra-sensitive and highly multiplexed diagnostic tests based on micro-pearls.

Project Overview: Nexdiag

The Nexdiag project is designed to address the critical need for accurate and efficient allergy diagnostics. Traditional allergy testing methods often lack sensitivity and specificity, leading to misdiagnoses and ineffective treatments. Nexdiag aims to overcome these limitations by utilizing an advanced diagnostic platform that employs micro-pearls—tiny particles that can capture and analyze multiple allergens simultaneously.

Technological Background

Conclusion

The EIC Accelerator program plays an instrumental role in empowering innovative companies like NEXDOT. By providing substantial financial backing through a blended finance model, the program enables startups to scale their operations and bring groundbreaking technologies to market. The Nexdiag project exemplifies the transformative potential of the EIC Accelerator, as it aims to redefine allergy diagnostics through advanced micro-pearl technology. This not only addresses a pressing healthcare need but also contributes to the overall advancement of the European DeepTech ecosystem.

2 The Funding Rounds

NEXDOT: Financing and Funding History Since EIC Accelerator Success

NEXDOT, based in France and specializing in advanced nanomaterials (notably quantum dots), has a funding history marked by a few significant rounds since its inception. The following details summarize the company’s financing landscape, including major funding rounds, timing and amounts, investor information, valuation estimates, and any exit events up to May 2025.

Financing Raised & Funding Rounds

Early VC Round (October 2016):

NEXDOT raised €3.5 million in an early venture capital round from Emertec Gestion and Karista.

EIC Accelerator Grant (October 2022):

In October 2022, NEXDOT secured €2.5 million as a grant from the European Innovation Council (EIC) under the EIC Accelerator program. This was awarded following their successful application for the October 5, 2022 cut-off.

Details of Recent Funding Rounds

Date	Type	Amount	Investors
Oct 2016	Early VC	€3.5m	Emertec Gestion, Karista
Oct 2022	Grant (EIC)	€2.5m	European Innovation Council

Timing & Amounts of Funding

• The early VC round occurred in October 2016, raising €3.5 million.
• The latest publicized round is from October 2022, when NEXDOT received a non-dilutive grant of €2.5 million via the highly competitive EIC Accelerator program.

Investor Information

• Emertec Gestion: Early-stage French venture capital firm focused on innovative technology companies.
• Karista: A European early-stage venture fund investing across healthcare and digital sectors.
• European Innovation Council (EIC): An EU body supporting breakthrough innovations with grants/equity; its EIC Fund is Europe’s largest deep-tech investor.

No additional named private equity or new institutional investors have been publicly disclosed after these rounds as of May 2025.

Company Valuation Estimates

According to business intelligence sources: - As of recent years post-EIC funding, NEXDOT holds an estimated enterprise value between €14–21 million.

Exit Events: IPOs or Acquisitions

There are no records or announcements indicating that NEXDOT has undergone an exit event such as an initial public offering (IPO), acquisition, buyout by another company or institution up to May 1st, 2025.

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Summary Table: Key Financial Milestones for NEXDOT Since EIC Accelerator Win

Event	Date	Amount	Investor/Source
Early Venture Capital Round	Oct 2016	€3.5 million	Emertec Gestion/Karista
EIC Accelerator Grant Awarded	Oct/Nov 2022 (award notified Feb/March ‘23)	€2.5 million
European Innovation Council

Note: Disbursement may occur several months after selection due to typical public grant processes.

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Additional Notes on Company Activities Post-EIC Funding

Nexdot continues developing proprietary technologies around quantum dots—crucial components for next-generation displays and various industrial applications—and engages with industrial partners through licensing models or direct product support. These activities help diversify revenue streams but do not constitute new equity fundraising events per published disclosures up to this date.

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Sources

• NEXDOT company information, funding & investors
• Nexdot – Investors
• Startupportugal Dealroom - Nexdot profile

3 The Press Releases

Nexdot: A French Startup Revolutionizing Quantum Dots

Nexdot, a French startup, has been gaining attention for its innovative approach to quantum dots, particularly with the development of Nanoplatelets, a new generation of quantum dots that offer improved properties compared to traditional spherical quantum dots. This company was selected as a winner of the EIC Accelerator funding in October 2022.

Background and Technology

Nexdot is a spin-off company from a world-class academic lab at ESPCI (École Supérieure de Physique et de Chimie Industrielles de la Ville de Paris) in nanomaterial research. Founded by Benoit Dubertret and Maurice Guillou, Nexdot focuses on the production and synthesis of Quantum Plates, which are essentially 2D nanosheet quantum dots. These Nanoplatelets have several advantages over traditional spherical quantum dots, including higher brightness, better color purity, and improved efficiency. This technology opens up new possibilities for applications in displays, lighting, energy storage, detectors, and bio-imaging.

Recent Developments

Nexdot has been actively developing its expertise in surface chemistry, crucial for integrating quantum plates into manufacturing processes. In 2014, the company was recognized for its Nexcap project, which explored the use of Quantum Plates in fast-charging/discharging batteries. Following this, in 2016, Nexdot expanded its team and acquired additional equipment by raising €3.5 million from external investors, allowing it to advance its research and development capabilities.

Funding and Partnerships

While there is no specific mention of new partnerships or team updates following the EIC Accelerator funding, the support from the European Innovation Council is expected to further accelerate Nexdot's growth and technological advancements. The funding will likely enhance its research capabilities and facilitate more robust integration of its technology into various industries.

Press Releases and Updates

Nexdot's official website and social media do not provide recent press releases or updates specifically related to the EIC Accelerator funding. However, the company's achievements and technological advancements have been highlighted in various startup-focused publications.

Sources

• Nexdot – Revolutionizing Quantum Dots with Nanoplatelets
• Nexdot History
• EIC Accelerator 5 October cut-off

4 The Technology Advancements

Nexdot's Quantum Dot Advancements Post-2022 EIC Accelerator Funding Nexdot, a French quantum dot (QD) technology innovator, has solidified its position as a global leader in quantum plate synthesis and industrial integration since receiving early-stage funding (€4.5 million by 2021). While specific details of its post-October 2022 EIC Accelerator activities are not explicitly documented in publicly available sources, the company’s trajectory highlights three key technological pillars:

Core Technological Capabilities

• Quantum Plates: Nexdot’s patented one-dimensional confined QDs (“quantum plates”) enable precise emission wavelength control across the visible spectrum, offering superior color purity for displays compared to traditional QDs or OLEDs.
• Encapsulation: Their proprietary encapsulation process protects nanoparticles from degradation by water/oxygen while maintaining RoHS compliance—even for cadmium-containing variants pending regulatory exemptions.
• Pixelization: Advanced techniques allow direct integration into microLED manufacturing processes, addressing challenges like pixel density and durability.

Post-Funding Developments (Inferred from Recent Activity)

Though no direct reports confirm EIC Accelerator outcomes post-2022:

Demonstrated Applications & Commercialization

While clinical trials are irrelevant to their display-focused technology:

• Industrial Pilots: Collaborations with display manufacturers are implied through their emphasis on supporting “existing industrial processes”, though specific customer names remain undisclosed.
• Research Contributions: Although new peer-reviewed studies aren’t cited post-2022, their foundational work on exciton control in nanomaterials aligns with recent breakthroughs in nanodot-based light modulation reported by external teams, suggesting potential parallel advancements at Nexdot.

Intellectual Property & Publications

Public records since late 2022 do not detail new patents or whitepapers directly from Nexdot. However:

Patent Portfolio: Prior innovations include quantum plate synthesis methods and encapsulation techniques refined over 12+ years of R&D.

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Sources
Nexdot – Le futur des Quantum Dots | Are Quantum Dots flat? - An interview with Nexdot | 'Nanodot' control could fine-tune light for sharper displays | French Startup's Quantum Plate Technology Aims To Disrupt Display Market

5 The Partnerships and Customers

NEXDOT's Strategic Partnerships and Market Positioning Post-EIC Accelerator Funding

NEXDOT, a French innovator specializing in allergy diagnostics and quantum dot technologies, secured EIC Accelerator funding in October 2022 to advance its diagnostic solutions and nanocrystal-based platforms. While specific customer names remain undisclosed in available records, the company’s collaborations focus on advancing materials science and industrial integration.

Partnerships for Technology Advancement
NEXDOT has emphasized co-development agreements with material manufacturers to integrate its proprietary technologies—quantum plates, encapsulation methods, and pixelization processes—into existing production lines. These partnerships aim to enhance microLED displays by improving light absorption efficiency (threefold gains compared to spherical quantum dots) while ensuring durability against environmental degradation. The company’s work with the CEA-LETI research institute demonstrates its commitment to refining nanocrystal applications for high-performance industries.

Market Positioning Through Collaborative Innovation
By aligning with industrial partners, NEXDOT positions itself as a key enabler of next-generation display technologies. Its quantum plate innovations address critical challenges in microLED scalability, offering manufacturers a path toward brighter, more energy-efficient screens. The EIC Accelerator funding further supports scaling these solutions globally through blended financing (grants + equity), enabling R&D expansion and production-line adaptations.

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Sources

• EIC Accelerator 5 October cut-off list
• Yole Group interview: Nexdot’s quantum plate technology
• Strata Team: EIC Accelerator winners October 2022

6 The Hiring and Company Growth

Nexdot, a French company specializing in nanomaterials, particularly quantum dots and nanoplatelets, has been a rising star in its field. Since receiving EIC Accelerator funding in October 2022, there is limited detailed information available about specific hiring processes or team growth. However, it's clear that Nexdot continues to focus on innovative technologies and industrial partnerships.

Current Team Size and Headcount

Nexdot has assembled a team with complementary talents and skillsets, but specific numbers regarding current team size or headcount are not publicly disclosed.

Hiring and Team Growth

There is no explicit information on whether Nexdot is currently hiring. The company's growth in the quantum dots market is supported by its innovative technologies and previous funding, which suggests ongoing expansion and potential hiring to support its development.

Growth and Funding

Nexdot has received significant funding, including €4.5 million since 2016, which has been crucial for its growth in the quantum dots market. The market itself is expected to grow significantly, with analysts predicting annual increases.

Key Positions and Recent Hires

There is no specific information available on recent key hires. However, the company is led by experienced figures like Benoit Dubertret, who is a co-founder and has a background in semiconductor nanoparticle synthesis.

Impact of New Team Members and Company Growth

New team members would likely contribute to Nexdot's ability to scale and grow by enhancing its capacity to innovate and implement quantum dot technologies effectively. This is crucial as the company aims to support major manufacturers in optimizing quantum dot integration into products like displays and lighting.

Management and Founding Team Changes

There are no recent reports of major changes in Nexdot's management or founding team. The company is supported by a strong leadership team, including Maurice Guillou as chairman, who brings significant business expertise.

Sources

• Nexdot
• Nexdot - The Org
• French Startup's Quantum Plate Technology Aims To Disrupt Display Market
• About Us – Nexdot

7 The Media Features and Publications

Nexdot, a French company specializing in quantum dots technology, received EIC Accelerator funding in October 2022. Since then, Nexdot has continued to innovate and expand its applications in various fields.

Media Features and Publications

Nexdot has been featured in several publications focusing on its advancements in quantum dots technology. Notably, an interview with Benoit Dubertret, founder and CEO of Nexdot, was published by Yole Group, highlighting the company's unique technologies and solutions for display and other applications. Additionally, Premium Beauty News and Echemi have covered Nexdot's innovative UV-blocking varnish for protecting fragrances and cosmetics from UV degradation.

Content from Publications

Publications have emphasized Nexdot's role in developing cutting-edge quantum dots technology, including quantum plates and encapsulation methods. The company's UVltimate varnish, marketed as Lumi Coat by Stoelzle, has been praised for its ability to protect perfumes and cosmetics by absorbing UV rays without impacting visible light, thus reducing the need for additives in formulations.

Podcasts and Interviews

There are no specific mentions of podcasts, but interviews like the one with Yole Group provide insights into Nexdot's technological advancements and business strategy.

Conference and Fair Visits

Nexdot has participated in events such as the Cosmetic 360 trade show in Paris, where it showcased its UVltimate technology. The company has also collaborated with industry partners like Stoelzle Parfumerie & Cosmétique for industrial testing of its varnish solutions.

Involvement in Events

Nexdot's involvement in events highlights its commitment to showcasing innovative technologies and collaborating with industry partners. The company's participation in trade shows helps promote its solutions to a broader audience.

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Sources: - Are Quantum Dots flat? - An interview with Nexdot

• An invisible varnish for better protected fragrances and cleaner formulations
• Nexdot – Le futur des Quantum Dots
• Nexdot develops invisible varnish to better protect perfume and cleaning formulations