What does UbiQD do?
UbiQD is a quantum dot technology company based in Los Alamos, NM, that specializes in the manufacturing and development of quantum dot solutions. Their products harness the power of color and light to drive innovation in agriculture, clean energy, and security, including the UbiGro® greenhouse technology which optimizes light spectra for crop growth.
How much did they raise?
The company raised $20M in a Series B round led by Phoenix Venture Partners, with participation from Builders VC, Azura Group, Builders Vision, Stout Street Capital, Seraph Partners, Scout Ventures, and New Mexico Vintage Fund.
What are their plans for the money?
With the new funds, UbiQD plans to scale up its manufacturing facilities, expand its research and development capabilities, strengthen its intellectual property portfolio, and enhance its marketing efforts. These initiatives aim to drive further innovation and increase the commercial impact of their quantum dot technologies.
What have they achieved so far?
UbiQD has already made significant strides in quantum dot technology, notably with its UbiGro® system which uses advanced fluorescence techniques to improve greenhouse performance.
