capital · May 20, 2026
UbiQD Secures $6 Million Debt Financing and Appoints New CFO
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UbiQD announced a $6 million debt financing agreement with Silicon Valley Bank on May 16, 2026, to fund facility upgrades and specialized manufacturing equipment. The capital follows a prior $20 million Series B round and a long-term supply agreement with First Solar. UbiQD appointed Tony Beams as Chief Financial Officer to guide growth in quantum dot technology for greenhouses. UbiQD secured the $6 million term loan from Silicon Valley Bank after the $20 million Series B round.
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