CPI investment
PRESS RELEASE
Q5D continues revolutionising wire harness production with new investment
Bristol, 26th January 2023 – Q5D, a leading innovator in wire harness automation, has secured critical investment from technology innovation catalyst CPI, to continue revolutionising the production of wire harnesses. The investment from Enterprises, CPI’s private investor engagement and ventures arm, will enable Q5D to advance its innovative additive technology, helping maximise resilience, productivity, and sustainability in the wire harness supply chain.
Wire harnesses are critical to many applications, from electric vehicles and aircraft and white goods and consumer electronics. Yet, the production of these essential components remains predominantly manual and labour-intensive. This approach to manufacturing is time-consuming and inefficient in meeting the rising demand for wiring, driven by e-mobility, the Internet of Things (IoT), and industry 4.0. In addition, supply chain disruptions due to the COVID-19 pandemic and, more recently, the war in Ukraine are putting the current production methods to the test.