QD Solar raises $2.55 mln to advance solar power technology
QD Solar Inc, a Canadian startup created by the University of Toronto and MaRS Innovation, has obtained $2.55 million in funding from Sustainable Development Technology Canada (SDTC). Founded in 2014, QD Solar has developed solar photovoltaic technology that can absorb infrared light otherwise wasted by conventional solar panels. The partnership with SDTC will help bring the technology to market, the company said. QD Solar received seed-stage financing from MaRS Innovation in 2014 and 2015.
23 March 2016•4 mins read
