QD Vision Sees $10M Round

Ryan McBride12/16/09

QD Vision, of Watertown, MA, said today that it has raised $10 million to bankroll the rollout of its quantum dot nanomaterials for use in LED-based solid state lighting and displays. Investors in the round were Boston-area venture firms North Bridge Venture Partners and Highland Capital Partners, as well as In-Q-Tel, the investment arm of the U.S. intelligence community, according to QD Vision. The startup, founded by MIT researchers in 2004, said it has now raised $30 million in venture capital.