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.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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