QustomDot has successfully raised EUR 2.7 million in financing along with a EUR 2.5 million EIC accelerator grant to enhance its cadmium-free quantum dot technology for the growing microLED market.

Target Overview

Founded in January 2020 as a spin-off from Ghent University, QustomDot is an innovative company based in Ghent, Belgium, specializing in cadmium-free quantum dot technology for display applications. The company produces quantum dot-based inks and resins that enhance display technologies by providing superior color conversion without the use of toxic heavy metals such as cadmium, thereby adhering to stringent environmental standards. Its operations are strategically located in Ghent’s Technology Park Zwijnaarde, a vibrant hub for technology and innovation, which has significantly contributed to its growth through access to a skilled workforce and collaborative opportunities.

QustomDot’s specialized focus on producing environmentally sustainable quantum dots positions it as a key player in enhancing advanced display systems. The company has made substantial advancements in its product offerings, which cater to the evolving demands of the display market and aim to provide innovative solutions that prioritize environmental responsibility.

Industry Overview

The microLED market is an emerging sector poised for disruption within the broader advanced display industry, representing a significant growth opportunity for companies like QustomDot. Market analysts expect microLED technology to penetrate various segments, including smartwatches, public information displ