UbiQD, Inc., a quantum dot technology company, announced the closing of its $20 million Series B financing round. The round was led by Phoenix Venture Partners (PVP), with participation from Builders VC, Azura Group, Builders Vision, Stout Street Capital, Seraph Partners, Scout Ventures, and the New Mexico Vintage Fund. The funding will support scaling up manufacturing, accelerating research and development, and strengthening the U.S. supply chain for next-generation nanomaterials. The investment follows growing commercial traction for UbiQD’s light-optimizing quantum dots across sectors such as agriculture, solar energy, and security.
UbiQD’s proprietary quantum dot innovations enable more efficient and durable fluorescent applications by leveraging size-dependent tunable properties of nanocrystals. Their core technologies build upon the research recognized by the 2023 Nobel Prize in Chemistry, with one of the Nobel laureates listed as a co-inventor on UbiQD patents. The company’s materials improve light utilization for applications ranging from greenhouse crop yield optimization to solar photovoltaic efficiency and advanced security features. UbiQD’s February 2025 acquisition of Blue Dot Photonics, a specialist in perovskite-based quantum-cutting materials, further strengthened its capabilities in next-generation solar module technologies.
The Series B funds will be directed toward facility upgrades in Los Alamos, new infrastructure development, and broader commercialization initiatives. UbiQD’s strategic objective is to establish the largest and most efficient quantum dot supply chain globally. According to leadership at Phoenix Venture Partners and Builders VC, UbiQD’s ability to transition quantum science breakthroughs into scalable, commercially viable products positions it to play a critical role in advancing both U.S. leadership and industrial adoption of quantum-enabled materials.
Read the full announcement here.
April 22, 2025
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