The financing round and grant package was co-led by Lockheed Martin Ventures, Chrysalix, and Maven SWIF.
"Our investment in Q5D and its automated electrification technology highlights our dedication to fostering a robust and resilient defense industrial base. Through investments like this one, Lockheed Martin Ventures aims to accelerate the development of next-generation technologies that will enable our customers to stay ahead of emerging threats and maintain a strategic advantage in an increasingly complex security landscape."
The pre-seed round was led by Fusion Fund to help expand operations into the United States.
"We are incredibly privileged to have Fusion Fund as our lead investor and are truly humbled by their belief in our vision. This partnership marks an exciting opportunity to expand into the US market and scale globally together. We are deeply committed to redefining safety in autonomous systems, and it’s inspiring to have a partner like Fusion Fund share our confidence in what we’re building."
The investment round was led by Maven Capital Partners through the Investment Fund for Scotland alongside Scottish Enterprise.
"We are delighted to have secured this significant investment led by Maven, which highlights the strength of our technology and reinforces our vision for the future of water disinfection. This funding represents a tremendous opportunity to scale our operations, drive innovation through research and development, and deliver sustainable, cost-effective water treatment solutions to a growing global market."
Notion Capital led the Series A round to support Cogna in scaling its AI-powered software development platform across traditional industries.
"Traditional industries have been left behind by the digital revolution due to the complexity of their operational challenges. Cogna’s mission is to empower these sectors with precision software technology that addresses every unique company pain point on its own terms, enabling immediate productivity gains. This funding allows us to bring our technology to more industries and help organisations reduce bottlenecks and free their expert teams from arduous manual tasks, unlocking their vast untapped potential."
Clarendon Fund Managers led the £3.8m financing round to support international growth and product development.
"With Neal and Yvette at the helm, Reform RX is an ambitious company that shares our vision for the future. It will be the must-have piece of equipment for every Reformer Pilates enthusiast and studio. The deal is the largest initial investment we have ever completed in a single NI company here at Clarendon, which is a reflection of the confidence we have in the team at Reform RX. I can’t wait to see how their journey develops from here."
