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Maven Equity Finance leads £2m investment round in Bristol's Q5D Technologies

The Business Magazine article image for: Maven Equity Finance leads £2m investment round in Bristol's Q5D Technologies
Q5D
5 December 2024
Q5D

Investment company Maven Capital has invested £500,000 in Q5D Technologies, which is pioneering robotic additive manufacturing, through the British Business Bank’s South West Investment Fund.

This funding is part of a larger £2 million investment round, which aims to support Q5D's mission to revolutionise wire laying processes across multiple sectors, including automotive, aerospace, and consumer electronics.

The investment will enhance Q5D’s 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.

Q5D's platform has gained interest from major industry players, including several of the world’s largest wiring harness companies and some of the largest and most innovative car makers, demonstrating Q5D’s impressive business model and the growth potential of its patented technology.

The funding will also support the delivery of initial HaaS (Hardware as a Service) contracts and expand Q5D’s Technology Assessment Centre in Portishead, which has become a hub for testing and refining the company’s solutions alongside clients.

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.

Stephen Bennington, CEO of Q5D Technologies, said: "We are really pleased to be partnering with Maven and the South West Investment Fund, their advice and capital are helping us drive the company’s growth. Q5D is already attracting large number customers and growing the support and business development teams is critical.”

Melanie Goward, Partner at Maven, added: “We’re 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.”

SWIF - Maven Equity Finance can provide investment of up to £5 million to support ambitious earlier and later stage businesses across the South West of England. The Fund has also backed sustainable packaging innovator, Kelpi, global wireless solutions provider Blu Wireless, and healthcare buy and build operator, Covestus.


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Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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