UbiQD, a global company in quantum dot technology, secured a $6 million debt financing agreement with Silicon Valley Bank (SVB), a division of First Citizens Bank, to support the company’s continued growth. This capital will fund strategic infrastructure investments including facility upgrades and specialized manufacturing equipment, supporting UbiQD’s scale-up in response to new commercial demand.
“UbiQD is driving critical innovation in quantum dot technology and manufacturing and is well positioned to expand production to support key sectors including agriculture and solar energy,” Trent Walker, director with SVB’s technology banking group, said. “We’re excited to continue our longstanding relationship with UbiQD and look forward to supporting their continued growth.”
