The round was led by Phoenix Venture Partners (PVP), with participation from Builders VC, Azura Group, Builders Vision, Stout Street Capital, Seraph Partners, Scout Ventures, New Mexico Vintage Fund, and others. The new investment highlights investors' growing confidence in UbiQD's innovative solutions and market potential.

UbiQD® (pronounced 'ubiquity') is a global leader in quantum dot manufacturing and technology. Founded in 2014, the company is powering product innovation in agriculture, clean energy, and security. UbiQD's quantum dots enable products that harness the power of color and light, and their greenhouse technology, UbiGro®, uses fluorescence to create a more optimal greenhouse spectrum for crops. Headquartered in Los Alamos, New Mexico, UbiQD is licensing technology developed at leading research institutions, including Los Alamos National Laboratory and M.I.T.