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UbiQD Closes new Round of Financing

Los Alamos quantum dot company raises a further $330,000

New Mexico-based quantum dot manufacturer UbiQD has closed a new investment round. This latest round from angel investors totaled $330,000, bringing the financing since its inception in 2014 to more than $700,000.

UbiQD's quantum dots are built on CuInS2/ZnS technology licensed from Los Alamos National Laboratory.

The company has also announced the appointment of Matt Bergren as its director of applied physics. Hunter McDaniel, UbiQD founder and president said of Bergren: "He's a leader in characterisation of emerging nanomaterials and puts UbiQD at the forefront of ultrafast optical processes in quantum dots."

Bergren will oversee materials characterisation and composite development. Before joining UbiQD, Bergren held postdoctoral positions at the National Renewable Energy Laboratory (NREL) studying carrier dynamics in solar cells and at the Center for Integrated Nanostructure Physics, an Institute of Basic Science at Sungkyunkwan University, South Korea.

Bergren received his bachelors of science in engineering physics at Colorado School of Mines and his PhD in applied physics from the Colorado School of Mines in 2014 while performing research at NREL in Golden, Colorado.

In March, UbiQD will present at the Annual Quantum Dots Forum in Newport Beach, California, organised by Smithers Apex. The two-day event will cover market opportunities, developments in technologies, end-user opportunities and challenges, innovations in applications and environmental issues related to quantum dots.

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