QD-SOL

Sunlight-based Water Splitting for Green Hydrogen Generation

Energy Tech
Public on TASE on Sep, 2024

Company Overview

Snapshot

Founded in December 2021 by Lilac Amirav, Prof. Lilac, Yaron Kaiser, Arik Kaufman, and Lior Yedidya, QD-SOL operates with 11–50 employees. The company has raised $3.5M across two funding rounds from two investors. A significant milestone for the company was its public listing on TASE in September 2024.

Business overview

QD-SOL develops photocatalytic hydrogen production systems that leverage quantum dot technology to convert sunlight and water directly into hydrogen. This process eliminates the need for electricity, membranes, or rare materials, offering a modular, fully off-grid solution. The company aims to provide a low-cost, scalable alternative to traditional electrolysis for industrial and distributed applications, serving markets that require flexible deployment of clean hydrogen generation, particularly in remote and resource-constrained environments within the Energy Tech sector.

Strategic signal

QD-SOL's public listing on TASE in September 2024 through a reverse merger with Internet Gold Golden Lines marks a pivotal moment for the company. This move provides QD-SOL with access to public capital markets, signaling investor confidence in its photocatalytic hydrogen production technology and its potential to scale. For the industry, it highlights a growing trend of innovative climate tech companies seeking public financing to accelerate the development and deployment of sustainable energy solutions.

Company Intelligence Q&A

When was QD-SOL founded?
QD-SOL was founded in December 2021.
What was a significant corporate event for QD-SOL in 2024?
In September 2024, QD-SOL became public on TASE through a reverse merger with Internet Gold Golden Lines.
Who were the co-founders of QD-SOL?
QD-SOL was co-founded by Lilac Amirav, Prof. Lilac, Yaron Kaiser, Arik Kaufman, and Lior Yedidya.
What was a notable achievement for QD-SOL in May 2023?
In May 2023, QD-SOL won the Aviram Foundation startup competition in Morocco.
What type of technology does QD-SOL develop?
QD-SOL develops photocatalytic hydrogen production systems that use quantum dot technology to convert sunlight and water directly into hydrogen.

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