QustomDot
QustomDot is a Belgian advanced materials start-up that develops cadmium-free, RoHS-compliant quantum dot inkjet inks and color-conversion materials for microLED, miniLED, and OLED display manufacturers, complemented by co-development services for customized formulations.
- Company typePrivate
- Founded2020
- HeadquartersGhent, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What QustomDot does
QustomDot is a Belgian advanced materials start-up, incorporated as QustomDot BV and headquartered at Technologiepark 66 in Ghent, that develops cadmium-free, heavy-metal-free quantum dot (QD) materials for next-generation display applications. Its core technology platform, branded QustomJet, comprises UV-curable, solvent-free inkjet inks formulated from indium phosphide (InP) quantum dots and designed for precise deposition of color-conversion layers on microLED, miniLED, and OLED panels, with patterning resolution below 10 micrometers and high photostability under blue-light flux. The company complements QustomJet with a portfolio of supporting materials — QD Films on glass substrates, QD Dispersions, QD Resins, and QD Inks — and offers customized ink formulation through co-development services tailored to individual display manufacturers' process lines. All products are positioned as RoHS compliant and free of regulated heavy metals, addressing tightening environmental regulations on cadmium-based alternatives.
Commercially, QustomDot operates a hybrid go-to-market: a B2B enterprise sales motion targeting display OEMs and panel manufacturers through direct engagement, contact forms, and negotiated co-development agreements, paired with a product-led e-commerce storefront at qustomdot.com that sells sample quantities globally for laboratory validation by researchers and engineers. Pricing is quote-based, denominated in Euros under purchase-order terms, with no publicly disclosed price list; co-development engagements appear to run on multi-year or project-based contracts. The company has raised approximately $8.56 million cumulatively across a 2020 seed round (~€3.26M from PMV, Qbic Fund, VIGO Ventures), a 2023 European Innovation Council grant, and a $5.3 million round in December 2024 led by the EIC Fund with Noshaq, PMV, Qbic Fund, and VIGO Ventures. It is led by co-founder and CEO Kim De Nolf alongside co-founder and director Igor Nakonechnyi, with Sofie Baeten chairing the board and Marek Kotelnicki serving as director.
QustomDot firmographics
Firmographics- Name
- QustomDot
- Legal name
- QustomDot BV
- Website
- https://qustomdot.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- QustomDot is a Belgian advanced materials start-up that develops cadmium-free, RoHS-compliant quantum dot inkjet inks and color-conversion materials for microLED, miniLED, and OLED display manufacturers, complemented by co-development services for customized formulations.
- Ownership category
- akta.pro rank
QustomDot industry classification
Industry- Product category
- Quantum Dot Display Materials
- NAICS
- Printing Ink Manufacturing (325910), Synthetic Dye and Pigment Manufacturing (32513), Custom Compounding of Purchased Resins (325991)
- SIC
- Miscellaneous Chemical Products (2890)
- akta.pro primary industry
- Digital & Specialty Inks (Inkjet, UV, Conductive) (IMAEAHAI)
- akta.pro secondary industries
- Color Masterbatches & Dispersions (IMAEAHAK), Printing Inks (IMAEAHAG)
Keywords
Where QustomDot is headquartered
LocationHeadquarters
- HQ city
- Ghent
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
QustomDot business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Quantum Dot Product Sales: Sale of quantum dot materials including QD Films, QD Dispersions, QD Resins, and QD Inks. Products are sold directly through the company's e-commerce shop for testing and demonstration purposes. The sales terms indicate a B2B transaction model with purchase orders, advance payments, and standard payment terms.
- Co-Development Services: Customized QD ink development services where the company collaborates with customers to develop ink formulations tailored to specific manufacturing processes and applications. This represents a professional services component with project-based engagement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Standard product pricing via Purchase Order |
| Other | Multi-year contract | Customized ink development |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
QustomDot product offering
Product offeringCore offering
QustomDot develops and manufactures cadmium-free, heavy-metal-free quantum dot (QD) materials and inkjet inks for color conversion in next-generation displays. Its core product line, branded QustomJet, consists of UV-curable, solvent-free inkjet inks engineered for industrial printers and tailored for Quantum Dot Color Conversion (QDCC) on microLED, miniLED, and OLED panels. The company also sells sample products (QD Films, QD Dispersions, QD Resins, QD Inks) and offers customized co-development services to formulate inks to customer manufacturing specifications.
Product overview
QustomDot offers a portfolio of cadmium-free quantum dot products for color conversion in displays. The core product line includes QustomJet (a UV-curable inkjet ink for microLED/miniLED/OLED panels), QD Films (glass samples for testing), QD Dispersion (InP-based dispersions for researchers), QD Resin (InP-based resin for photo-stable applications), and QD Ink (for printing vibrant display colors). The company also provides customized ink formulation services as a co-development offering, allowing customers to tailor quantum dot inks to their specific manufacturing processes.
Differentiator
Problem solved
Functional benefit
Brands
- QustomJet: Cadmium- and solvent-free inkjet ink with UV-curable properties for rapid drying, specifically formulated for compatibility with industrial printers and engineered to deliver Quantum Dot Color Conversion (QDCC) with precision to mini-, microLED or OLED panels.
Products and services
- QustomJet Quantum Dot Inkjet Ink
- QustomDot QD Films
- QustomDot QD Dispersion
- QustomDot QD Resin
- QustomDot QD Ink
- Customized QD Ink Co-Development Services
Quantifiable outcome
- Layers of less than 10µm thickness
- +1 more outcomes
Companies that use QustomDot
Customer profileSegments2 records
Ideal customer profiles2 records
QustomDot technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
QustomDot partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
QustomDot competitors and assessment
Company assessmentDirect peers
- Nanosys (Shoei Chemical): Leading supplier of quantum dot materials for display applications (acquired by Shoei Chemical). Most direct competitor — comparable QD formulations sold to the same display manufacturers QustomDot targets, with established commercial supply and deep patent estate.
- Nanoco Group: UK-based cadmium-free quantum dot manufacturer serving display and lighting customers. Directly comparable in cadmium-free positioning and QD material focus, with longer commercial track record and a different geographic footprint.
- Avantama: Swiss specialty materials company focused on functional inks and QD dispersions for display, lighting, and sensor applications. Closely comparable as a small, specialized ink/dispersion supplier targeting display OEMs with customized formulations.
- Hansol Chemical: Korean chemical company with a quantum dot materials business supplying Samsung Display and other panel makers. Comparable as a QD materials supplier; benefits from Korean display cluster proximity that QustomDot does not enjoy.
- Shoei Chemical: Japanese specialty chemicals company that acquired Nanosys and now produces QD materials under the Nanosys brand. Comparable as a QD material supplier with deeper manufacturing footprint and customer base in Asian display fabs.
Emerging players
- Quantum Solutions: Early-stage developer of perovskite and quantum dot materials for display and optoelectronic applications. Comparable as a young, materials-focused entrant targeting similar end markets, though differentiated by perovskite chemistry.
- Inktec: Korea-based specialty ink manufacturer producing conductive, printable, and functional inks for electronics and display applications. Comparable as a smaller, specialty inks player targeting similar printed-electronics use cases, though not QD-focused.
Broad incumbents
- Merck KGaA (Performance Materials): Diversified science and technology company with a Performance Materials division that supplies QD materials and display chemicals. Comparable as a broad incumbent offering QD products among a much larger portfolio, with greater scale and existing display-OEM relationships.
- DIC Corporation: Japanese diversified chemicals and printing inks manufacturer with color-filter and display materials businesses. Comparable as a broader specialty chemicals/inks supplier; less specialized in QD inks but adjacent in display materials.
- Sumitomo Chemical: Large Japanese chemical company active in display materials, including QD-related research and supply. Comparable as a broad incumbent with adjacent display-materials capabilities, but QD is one of many product lines rather than a focused offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
QustomDot social profiles
Digital presenceQustomDot compliance and trust
Trust signalCompliance1 record
QustomDot financial estimates
Financial estimateRevenue estimate
Valuation estimate
QustomDot leadership team
Management profileNumber of profiles
Profiles4 records
QustomDot funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
QustomDot M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about QustomDot
What does QustomDot do?
QustomDot develops and manufactures cadmium-free, heavy-metal-free quantum dot (QD) materials and inkjet inks for color conversion in next-generation displays. Its core product line, branded QustomJet, consists of UV-curable, solvent-free inkjet inks engineered for industrial printers and tailored for Quantum Dot Color Conversion (QDCC) on microLED, miniLED, and OLED panels. The company also sells sample products (QD Films, QD Dispersions, QD Resins, QD Inks) and offers customized co-development services to formulate inks to customer manufacturing specifications.
Is QustomDot a public or private company?
QustomDot is a private company. It is classified as venture growth investor backed and is currently operating.
When was QustomDot founded?
QustomDot was founded in 2020. It employs 11 to 50 people.
Where is QustomDot based?
QustomDot is headquartered in Ghent, Belgium, in the Europe region.
How does QustomDot make money?
Two revenue lines are on record. Quantum Dot Product Sales are the primary driver. The others are co-Development Services.
Who are QustomDot's main competitors?
Direct peers on record are Nanosys (Shoei Chemical), Nanoco Group, Avantama, Hansol Chemical and Shoei Chemical. Emerging players are Quantum Solutions and Inktec. Broad incumbents are Merck KGaA (Performance Materials), DIC Corporation and Sumitomo Chemical.
Does QustomDot have an API?
No public API is recorded for QustomDot.
What industry is QustomDot in?
QustomDot's product category is Quantum Dot Display Materials. Its primary akta.pro industry code is IMAEAHAI, Digital & Specialty Inks (Inkjet, UV, Conductive), with a secondary code of IMAEAHAK, Color Masterbatches & Dispersions. Its NAICS code is 325910 and its SIC code is 2890.