The funding round was led by industry figures including Fabienne Viala and will support product development and team expansion.
"The industry thrives on collaboration, yet the way teams communicate is structured for failure. On-site teams have the most amount of knowledge, yet it’s largely untapped. We are solving one of the industry’s biggest productivity problems by making it easy for on-site and office-based teams to communicate and report in real time. This funding allows us to accelerate product development and scale across the sector."
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 investment was led by EHE Ventures and will be used to accelerate product development and scale operations.
"Credit scores are broken for millions of people. Our platform provides a more accurate picture of someone’s financial behaviour, especially for young adults, new arrivals to the UK, or anyone overlooked by legacy models. This funding allows us to accelerate product development and scale our impact through partnerships with forward-thinking lenders."
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