QD Vision develops Color IQ quantum-dot display technology for QLED (Quantum-dot LED) displays, positioning quantum dots as a next-generation alternative to OLED with competitive LCD cost structure. Its Color IQ technology aims to deliver full-gamut color, improved color performance, low energy consumption, environmental safety, and affordability. The company has partnered with BASF Group on a joint development agreement to create a quantum dot-enhanced backlight and a color filter targeting wide color gamut and the Rec.2020 color standard. QD Vision says the new capital will be used to further develop intellectual property and support accelerating growth and broader market penetration across hardware and content platforms. The company is noted as a preferred choice of Chinese TV manufacturers and has extensive operations in China, according to investors. Founded in 2004 and headquartered in Lexington, Massachusetts, QD Vision has previously raised more than $100 million in financing. QD Vision develops and manufactures Color IQ™ optical components—quantum-dot materials designed to improve LCD color performance. Its Color IQ product launched in select Sony LCD TVs at the Consumer Electronics Show in January. Color IQ increases typical LCD color performance by up to 50% and is capable of delivering 100% of the NTSC standard, and it is compatible with LCD TVs, monitors and mobile displays. The company says the technology provides superior color performance and high system efficiency and applies to flat panel displays, solid state lighting systems, and defense and security projects. QD Vision positions itself as the only quantum-dot company solely focused on displays and lighting and has received multiple industry awards. The company is focused on ramping high-volume manufacturing to support product rollout and broader market adoption. QD Vision is a developer of nanotechnology-based products for solid-state lighting and displays. The company was founded in 2004 by a research team from MIT and is based in Watertown, MA. Its product focus is on applying quantum dot nanotechnology to improve lighting and display performance. The recent capital infusion is intended to support the company’s market expansion. Financially, QD Vision has raised $3M in this equity financing and has previously raised a total of $33M in venture capital. Historical investors include North Bridge Venture Partners, Highland Capital Partners and In-Q-Tel. QD Vision develops nanotechnology-based products for solid-state lighting and high-resolution displays, including its Quantum Light™ product line. The company focuses on materials and LED technologies to improve color and performance in displays and lighting. The new financing will support expansion of Quantum Light products into global markets. QD Vision is also advancing a new generation of LEDs and materials targeted at high-resolution displays. The company has attracted venture capital to fund product development and market growth. No operating metrics were disclosed in the article.

Total raised

$55M

Funding rounds

4

Latest round

Equity

Latest activity

Nov 2015