About QD Solar
QD Solar is a company based in Toronto (Canada) founded in 2014 by Joel Liederman, Ted Sargent, and Sjoerd Hoogland was acquired by SunDensity in June 2024. QD Solar has raised $7.76 million across 4 funding rounds from investors including dsm-firmenich, King Abdullah University of Science and Technology and SunDensity. QD Solar offers products and services including Perovskite Solar Photovoltaics and Quantum Dot Solar Technology. QD Solar operates in a competitive market with competitors including Exeger, First Solar, Q-Cells, Oxford Photovoltaics and Swift Solar, among others.
- Headquarter Toronto, Canada
- Founders Joel Liederman, Ted Sargent, Sjoerd Hoogland
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Sectors
TechnologyEnergy & Utilities Chemicals & Materials
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Phone
*********
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Website
*********
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Social
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- Legal Name Qd Solar Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.76 M (USD)
in 4 rounds
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Latest Funding Round
$100 K (USD), Series A
Mar 23, 2022
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Investors
dsm-firmenich
& 5 more
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Employee Count
Employee Count
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Acquired by
SunDensity
(Jun 18, 2024)
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Products & Services of QD Solar
QD Solar offers a comprehensive portfolio of products and services, including Perovskite Solar Photovoltaics and Quantum Dot Solar Technology.
Develops high-efficiency solar cells using perovskite layers for better energy density.
Enhances solar radiation harvest through quantum dot integration in photovoltaics.
People of QD Solar
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Funding Insights of QD Solar
QD Solar has successfully raised a total of $7.76M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $100,000
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First Round
First Round
(23 Mar 2016)
- Investors Count 5
Investors in QD Solar
QD Solar has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include dsm-firmenich, King Abdullah University of Science and Technology and SunDensity.
| Investor | Description | Founded Year | Domain | Location |
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AR/VR and biophotonics accelerator program is operated in Rochester.
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Founded Year | Domain | Location | |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Early-stage health science technologies are developed into business ventures by TIAP.
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Founded Year | Domain | Location |
Investments & Acquisitions by QD Solar
Financial Statements - QD Solar
Qd Solar Comparisons
Competitors of QD Solar
QD Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Exeger, First Solar, Q-Cells, Oxford Photovoltaics and Swift Solar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar cells are manufactured with proprietary dye-sensitized technology.
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| domain | founded_year | HQ Location |
Provider of cadmium telluride-based flexible solar modules
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| domain | founded_year | HQ Location |
Manufactures and sells solar modules for eco-friendly power generation globally.
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| domain | founded_year | HQ Location |
Perovskite-based solar cells are provided for BIPV applications.
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| domain | founded_year | HQ Location |
Flexible perovskite solar cells are provided using hybrid halide materials.
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| domain | founded_year | HQ Location |
Quantum dots for nanotechnology-based LED displays are developed.
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Frequently Asked Questions about QD Solar
QD Solar was founded in 2014 and raised its 1st funding round 2 years after it was founded.
QD Solar is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
QD Solar is a funded company, having raised a total of $7.76M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7.66M, raised on Mar 23, 2016.
QD Solar was founded in 2014 in Toronto, Canada, within the renewable energy sector. Colloidal quantum dot technology is employed to manufacture photovoltaic cells. Thin-film sheets created through this process are designed for integration into standard silicon solar panels. Energy output from these panels is enhanced by the added layer. Operations center on advancing photovoltaic efficiency for broader solar applications.
QD Solar's top competitors include First Solar, Oxford Photovoltaics and Anaphite.
QD Solar offers Perovskite Solar Photovoltaics and Quantum Dot Solar Technology.
QD Solar has 6 investors. Key investors include dsm-firmenich, King Abdullah University of Science and Technology, SunDensity, Luminate, and Sustainable Development Technology Canada.