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QD Solar is Founded

QD Solar is founded in 2014 based on fundamental patents and technologies originating at University of Toronto.

2014

SunDensity is Founded

Initial models for Photonic Smart Coatings are developed at the Venture Development Center in March 2016.

2016

Government Grant Funding

QD Solar receives government grant funding of 3.6M CAD in 2016.

Sustainable Development Technology Canada - SDTC
2016

Sunrise Tech Challenge Winner

QD Solar wins the Sunrise Tech Challenge in 2016.

Toronto Innovation Acceleration Partners – TIAP
2016

Sunrise Tech Bridge Award

SunDensity wins the Sunrise Tech Bridge Award from DSM and Greentown Labs, Boston in 2017.

Fraunhofer USA
2017

Equity Raise

QD Solar raises 2.5M CAD in equity in 2017.

TIAP
2017

Luminate Cohort 2 Tech Award

SunDensity is awarded 75,000 USD in May 2019, allowing for further development.

Luminate Round II Winners
2019

Conventional Note Funding

QD Solar secures 1.6M CAD in conventional note funding in 2019.

2019

NSF (SBIR) Phase I Grant

SunDensity received 225,000 USD in funding from the National Science Foundation in April 2020.

NSF SBIR: Award History Details
2020

Seed Funding Round I

SunDensity secures 2.5M USD of seed funding led by Clean Energy Venture Group in July 2020.

Yahoo News Global News Wire Roc STARTS
2020

Government Grant Funding

QD Solar receives 1.2M CAD in Canadian government grant funding in 2020.

2020

Luminate Cohort 3 Company of the Year

SunDensity is awarded 1M USD in September 2020 as the tech company of the year.

Luminate Round III Winners Rochester First
2020

NSF (SBIR) Phase II Grant

SunDensity receives 1M USD in funding from the National Science Foundation in November 2021.

NSF SBIR Phase II: Award History Details
2021

Seed Funding Round II

SunDensity secures 15M USD in December 2021.

2021

Patent Award & Plant Launch

SunDensity is awarded 1 patent and launches its R&D coating plant in December 2021.

2021

Low-Emissivity Coating

SunDensity initiates development of a low emissivity coating solution for architectural windows in April 2022.

2022

Luminate Cohort Award

QD Solar receives a Luminate Cohort Award of 135K CAD in 2022.

Luminate Round V Winners
2022

Office Expansion Begins

SunDensity begins construction of a new corporate office and R&D laboratory in December 2022.

2022

World Record for Perovskite Efficiency

QD Solar sets a world record for perovskite efficiency in 2023.

Business Wire: QD Solar Reports on Highly Efficient Perovskite Solar Cells Tianyang News: MKS Confirms QD Solar’s Perovskite Cell Efficiency Claim
2023

Partner with Borosil

SunDensity partners with Borosil Renewable, LTD in Mumbai, India for further development of photonic smart coatings.

April, 2023