UbiQD, a Los Alamos, NM-based quantum dot (QD) know-how firm, raised $20M in Collection B funding.
The spherical was led by Phoenix Enterprise Companions (PVP), with participation from Builders VC, Azura Group, Builders Imaginative and prescient, Stout Road Capital, Seraph Companions, Scout Ventures, New Mexico Classic Fund, and others.
The corporate intends to make use of the funds to scale up manufacturing, develop R&D capabilities, strengthen mental property, improve advertising efforts, and assist working capital wants.
Based by CEO Hunter McDaniel, UbiQD makes a speciality of quantum dot manufacturing and know-how, enhancing product innovation in agriculture, clear vitality, and safety. Its quantum dots allow merchandise that harness the ability of shade and light-weight, and their greenhouse know-how, UbiGro®, makes use of fluorescence to create a extra optimum greenhouse spectrum for crops.
FinSMEs
22/04/2025
