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$10M Venture Funding

Photonics Spectra
Feb 2010
QD Vision Inc. of Watertown, Mass., has received $10 million in venture funding from North Bridge Venture Partners, Highland Capital Partners and the CIA’s investment arm, In-Q-Tel. The company will use the funds to bring its nanotechnology-based LED products to market as solid-state lighting and displays. QD Vision is the developer of the proprietary Quantum Light, which uses quantum dots to produce high-output LEDs.

GLOSSARY
nanotechnology
The use of atoms, molecules and molecular-scale structures to enhance existing technology and develop new materials and devices. The goal of this technology is to manipulate atomic and molecular particles to create devices that are thousands of times smaller and faster than those of the current microtechnologies.
quantum dots
Also known as QDs. Nanocrystals of semiconductor materials that fluoresce when excited by external light sources, primarily in narrow visible and near-infrared regions; they are commonly used as alternatives to organic dyes.
AmericasBusinessCIAConsumerDisplaysfundingHigh-Output LEDsHighland Capital PartnersIn-Q-Tellight sourceslight speednanonanotechnologyNorth Bridge Venture PartnersQD Vision Inc.quantum dotsQuantum Lightingsolid-state lightingVenture FundingLEDs

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