Quantum dot technology company UbiQD has closed a $20 million series B financing round. The company plans to use the funds to scale up manufacturing, expand R&D capabilities, strengthen intellectual property, enhance marketing efforts, and support working capital needs. Additionally, UbiQD is making significant upgrades to its existing facilities in Los Alamos and new infrastructure is planned as part of its broader expansion strategy. A key milestone in UbiQD's growth roadmap includes plans to build the world’s largest and most efficient quantum dot supply chain, the company said. UbiQD’s quantum dot technology is being used in greenhouse agriculture, solar energy, security, and other industries. The technology enhances efficiency, durability, and sustainability of fluorescence in these applications and addresses major challenges across multiple sectors. UbiQD acquired Blue Dot Photonics earlier this year.