Carbon dots (CDs), fluorescent carbon nanoparticles with particle sizes < 10 nm, are constantly being developed for potential large‐scale applications. Recently, methods allow CD synthesis to be carried out on large‐scale preparation in a controlled fashion are potentially important for multiple disciplines, including bottom‐up strategy, top‐down method. In this review, the recent progresses in the research of the methods for large‐scale production of CDs and their functionalization are summarized. Especially, the methods of CD synthesis, such as large‐scale preparation, hydrothermal/solvothermal, microwave‐assisted, magnetic hyperthermia microfluidic and other methods, along with functionalization of CDs, are summarized in detail. By promising applications of CDs, there are three aspects have been already reported, such as enhancing mechanical properties, flame retardancy, and energy storage. Also, future development of CDs is prospected.
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