UbiQD, Inc. has secured $6 million in venture debt financing from Silicon Valley Bank (SVB) and appointed Tony Beams as Chief Financial Officer, announced November 18, 2025. This capital will fund infrastructure upgrades and specialized manufacturing equipment at UbiQD’s New Mexico facility, accelerating the scale-up of its quantum dot production. Specifically, the funding supports increased capacity to meet commercial demand across agriculture and solar energy sectors. Beams, formerly a senior finance leader at AppHarvest and Plenty, brings expertise in scaling operations and commercializing hardware, positioning UbiQD for continued growth following a recent $20 million Series B funding round.
UbiQD Secures $6 Million in Venture Debt
UbiQD, a leader in quantum dot technology, has secured $6 million in venture debt financing from Silicon Valley Bank (SVB). This capital injection will directly fuel scale-up of manufacturing operations in New Mexico, focusing on facility upgrades and specialized equipment. The funding arrives following a successful $20 million Series B round and a long-term supply agreement with First Solar, signaling strong investor confidence and demand for UbiQD’s products across multiple sectors.
This financing is strategically timed as UbiQD expands production to serve growing markets in agriculture and solar energy. Quantum dots, nanoscale semiconductors, are crucial to UbiQD’s UbiGro® technology – fluorescent films enhancing greenhouse spectrums for improved crop yields. The venture debt provides financial flexibility, allowing UbiQD to maintain capital efficiency while accelerating commercialization of its hardware and technology, built upon licensed innovations from Los Alamos National Laboratory and MIT.
To support this growth phase, UbiQD appointed Tony Beams as Chief Financial Officer. Beams brings extensive experience in scaling agricultural technology businesses, previously holding senior finance roles at AppHarvest, Plenty, and other innovative companies. His expertise in capital strategy, operational scaling, and navigating sustainability incentives positions him to guide UbiQD through this pivotal expansion, complementing the financial strength provided by the SVB venture debt facility.
New CFO Appointed to Guide Growth
UbiQD, a leader in quantum dot technology, has secured $6 million in venture debt financing from Silicon Valley Bank (SVB). This capital injection will directly fund infrastructure upgrades and specialized manufacturing equipment at their New Mexico facility. Specifically, UbiQD intends to scale production to meet increasing commercial demand across key sectors like agriculture and solar energy, building on a recent $20 million Series B funding round and a long-term supply agreement with First Solar.
To guide this expansion, UbiQD has appointed Tony Beams as Chief Financial Officer. Beams brings extensive financial leadership experience from high-growth agricultural technology companies, including AppHarvest and Plenty, as well as Netflix and Headspace. His expertise encompasses capital strategy, operational scaling, and hardware commercialization – crucial for UbiQD’s transition from R&D to large-scale manufacturing of its quantum dot products, like the UbiGro® greenhouse technology.
Beams’ appointment, coupled with the SVB financing, signifies a strategic alignment of UbiQD’s financial structure, talent, and infrastructure. He holds a BS in Mechanical Engineering from UC Berkeley and an MBA from NYU Stern, providing a strong technical foundation alongside financial acumen. This combination is expected to drive capital efficiency and responsible growth as UbiQD leverages its quantum dot technology – developed with licensing from institutions like Los Alamos National Laboratory and MIT – across diverse markets.
Expanding Quantum Dot Production & Applications
UbiQD recently secured $6 million in venture debt from Silicon Valley Bank (SVB), signaling strong confidence in its quantum dot (QD) manufacturing scale-up. This financing builds on a prior $20 million Series B round and a long-term supply agreement with First Solar, demonstrating substantial market traction. Specifically, UbiQD plans to utilize these funds for facility upgrades and specialized equipment, directly addressing increasing commercial demand across sectors like agriculture and solar energy—markets poised for QD-enhanced solutions.
The company’s focus on scalable QD production addresses a critical bottleneck in wider technology adoption. UbiQD’s core technology, including its UbiGro® product utilizing fluorescent QDs to optimize greenhouse lighting, relies on consistent, high-quality material. Increasing production capacity is essential to meet growing interest – QDs enable spectral tuning for enhanced photosynthesis, potentially boosting crop yields. This investment aims to move beyond lab-scale production to commercially viable volumes.
To support this growth phase, UbiQD appointed Tony Beams as Chief Financial Officer. Beams brings extensive experience in scaling agricultural technology companies like AppHarvest and Plenty, and a background in capital strategy and hardware commercialization. His expertise is crucial for efficiently managing the new financing and aligning UbiQD’s infrastructure with its expanding commercial pipeline, ensuring responsible growth alongside technological innovation.
