QD Solar

Toronto, Canada Founded: 2014 • Age: 12 yrs Acquired By SunDensity
Quantum dot-based photovoltaic cells are developed for solar panel integration.
Annual revenue - Latest available
Total funding $7.8M 4 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Technology
    Energy & Utilities Chemicals & Materials
  • Phone
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  • Website
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  • Social
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  • Legal Name Qd Solar Inc
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.76 M (USD)

    in 4 rounds

  • Latest Funding Round
    $100 K (USD), Series A

    Mar 23, 2022

  • Investors
  • Employee Count
    Not available
  • 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.

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Primary

Develops high-efficiency solar cells using perovskite layers for better energy density.

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Enhances solar radiation harvest through quantum dot integration in photovoltaics.

People of QD Solar

Headcount 1-10
Employee Profiles 2
Board Members and Advisors 1
Employee Profiles
People
Dan Shea
CEO & Director

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Board Members and Advisors
people
Ted Sargent
Director

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Teams

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
AR/VR and biophotonics accelerator program is operated in Rochester.
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Venture capital firm focused on investing in clean tech sectors
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Early-stage health science technologies are developed into business ventures by TIAP.
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Investor details for QD Solar

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Investments & Acquisitions by QD Solar

Investments
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Investment portfolio details for QD Solar

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Financial Statements - QD Solar

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Detailed financials for QD Solar

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Qd Solar Comparisons

QD Solar Primary company
Description
Quantum dot-based photovoltaic cells are developed for solar...
Location
Toronto, Canada
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for QD Solar

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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
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Solar cells are manufactured with proprietary dye-sensitized technology.
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Provider of cadmium telluride-based flexible solar modules
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Manufactures and sells solar modules for eco-friendly power generation globally.
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Perovskite-based solar cells are provided for BIPV applications.
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Flexible perovskite solar cells are provided using hybrid halide materials.
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Quantum dots for nanotechnology-based LED displays are developed.
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Detailed competitors of QD Solar

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Latest news on Qd Solar

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Complete news archive for QD Solar

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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.

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.

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