Innovation Industries leads the Series A. imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM return. Total funding now stands at €55m. The money funds in-house chip design and a push toward volume sensors built on the company’s NCOS color-splitting technology. Eindhoven-based eyeo has raised €40m in Series A funding to commercialise a sensor technology that, in the company’s framing, removes a constraint that has shaped digital imaging for fifty years. The round is led by Innovation Industries, with existing backers imec.xpand, Invest-NL Deep Tech Fund, QBIC, High-Tech Gründerfonds, and Brabant Development Agency (BOM) participating. Total funding raised by eyeo now stands at €55m. The financing benefits from European Union support under the InvestEU Fund. The 💜 of EU tech The latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now! The technical premise is direct.…