Tech Company Financing Transactions
Conflux Technology Funding Round
On 10/21/2024, Conflux Technology received $11 million in Series B funding from Breakthrough Victoria, Acorn Capital and AM Ventures Holding.
Transaction Overview
Company Name
Announced On
10/21/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will be used to speed up the development of Conflux Production Systems (CPS) -- an advanced end-to-end manufacturing solution for producing AM heat exchangers -- as well as scale hiring and support customer demand across the US, Europe and Asia.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
75 Pigdons Rd, Building NP 2.110
Waurn Ponds VIC, 3216
Australia
Waurn Ponds VIC, 3216
Australia
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Delivering innovative heat transfer technology at scale to enable a sustainable future. We use additive manufacturing to make high performance heat exchangers for all industries; delivering reliable products that are lighter and more efficient. We take your thermal performance needs and produce game-changing outcomes with our unique technology.
Management Team
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