Q5D
Assembly Line
Lockheed Martin leads 3 million USD investment round in Q5D to make tooling to automate wiring harness manufacture
Q5D Technology, a company specializing in hardware and software tools for automating wiring harness manufacture, announced today the successful closure of a $3 million investment round, led by Lockheed Martin Ventures, the venture investment arm of Lockheed Martin Corporate, a global aerospace and defense company.
Lockheed Martin’s investment arrives at a pivotal moment for Q5D as it transitions from project-based revenue to machine sales, following the successful launch of its first hardware product last year.
Q5D Hardware and demonstration of automated wiring and polymer protection
Wiring and Electronics 3D Printing Startup Pulls In $2.7M Seed Investment
UK robotics company Q5D Technologies Limited closed a $2.7 million seed round to accelerate the automated manufacture of wiring harness for a wide range of products, from fighter jets to fridges. An alumni of the global venture capital firm SOSV’s hardtech startup program HAX, Q5D, makes tools that add electrical conductors to products robotically.
Led by Chrysalix Venture Capital, a global venture capital fund with a long history of commercializing step-change innovation for resource-intensive industries, the round also had participation from UK early-stage venture capital firm Rainbow Seed Fund and returning investor SOSV, which operates early-stage startup development programs.