{"id":17867,"date":"2024-12-04T07:13:01","date_gmt":"2024-12-04T07:13:01","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/south-west\/?p=17867"},"modified":"2024-12-04T07:13:01","modified_gmt":"2024-12-04T07:13:01","slug":"bristol-tech-firm-lands-2m-investment","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/south-west\/news\/17867-bristol-tech-firm-lands-2m-investment","title":{"rendered":"Bristol tech firm lands \u00a32m investment"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Maven Capital Partners has invested \u00a3500,000 in Q5D Technologies, a Bristol-based robotic additive manufacturing specialist, through the British Business Bank\u2019s South West Investment Fund.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This funding is part of a larger \u00a32m investment round, which aims to support Q5D&#8217;s mission to revolutionise wire laying processes across multiple sectors, including automotive, aerospace, and consumer electronics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The investment will enhance Q5D\u2019s capacity to scale its innovative 5-axis platform, which automates the complex process of adding wiring and electronics to 3D surfaces. This technology offers a faster, more efficient, and cost-effective alternative to traditional manual processes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Q5D&#8217;s platform has gained interest from major industry players, including several of the world\u2019s largest wiring harness companies and some of the largest and most innovative car makers, demonstrating Q5D\u2019s impressive business model and the growth potential of its patented technology.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The funding will also support the delivery of initial HaaS (Hardware as a Service) contracts and expand Q5D\u2019s Technology Assessment Centre in Portishead, which has become a hub for testing and refining the company\u2019s solutions alongside clients.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this investment, Q5D is well-positioned to continue its momentum, bringing advanced automation capabilities to markets seeking to reduce costs, improve product quality, and support the transition to smarter, more sustainable manufacturing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Melanie Goward, partner at Maven Capital Partners which manages the South West Investment Fund&#8217;s equity fund for the north of the region, said: &#8220;We are thrilled to support Q5D Technologies as they scale their operations. Their unique approach to additive manufacturing, combined with impressive early traction with major industry players, positions them well for rapid growth. We look forward to working closely with Stephen and the team as they look to meet the increasing demand from global leaders in the automotive and aerospace sectors.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stephen Bennington, CEO of Q5D Technologies said; \u201cWe are really pleased to be partnering with Maven and the South West Investment Fund, their advice and capital are helping us drive the company\u2019s growth. Q5D is already attracting large number customers and growing the support and business development teams is critical.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lizzy Upton at British Business Bank added: \u201cWe\u2019re excited to support Q5D as they scale up their operations, bringing their cutting-edge technology to market. The South West Investment Fund helps support and foster innovation across the South West and we look forward to seeing Q5D deliver its pioneering solutions to manufacturing sectors in the region and beyond.\u201d<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q5D&#8217;s platform has gained interest from major industry players<\/p>\n","protected":false},"author":18,"featured_media":17874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"coauthors":[81],"class_list":["post-17867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","tag-bristol-and-bath","tag-featured-story"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bristol tech firm lands \u00a32m investment - South West<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.thebusinessdesk.com\/south-west\/news\/17867-bristol-tech-firm-lands-2m-investment\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bristol tech firm lands \u00a32m investment - 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