Chrysalix Venture Capital
Assembly Line
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.