# QD Solar

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qd-solar

- Industry: Renewable Energy
- Headquarters: Toronto, Canada
- Website: www.qdsolarinc.com
- Total disclosed funding: $1.9M
- Latest round: Series A (Feb 13, 2017)
- Investors on record: 3

## About

Founded in 2014 and based in Ontario, Canada, QD Solar, Inc. is a spin-out of research from the University of Toronto that operates as a perovskite and quantum dot solar photovoltaic technology company. In June 2024, SunDensity, Inc., a portfolio company of Clean Energy Venture Group, Launch NY, Luminate Venture Corp., Rochester Angel Network, and Clean Energy Ventures, acquired QD Solar Inc. As of 2024, the company is led by its CEO, Dan Shea.

QD Solar multilayered perovskite-based photovoltaic (PV) materials that convert sunlight into electrical energy. The firm’s quantum dot solar photovoltaic technology combines perovskite and quantum dot materials to create solar cells.

## Funding rounds

- Series A, Feb 13, 2017, $1.9M — DSM Venturing, MaRS Innovation, KAUST Innovation Ventures
- Seed, Jan 13, 2015 — KAUST Innovation Ventures

## Investors

- KAUST Innovation Ventures (https://capitalatlas.ai/funds/kaust-innovation-ventures) — Seed, Series A
- DSM Venturing (https://capitalatlas.ai/funds/dsm-venturing) — Series A
- MaRS Innovation — Series A