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Conflux Technology raised $11 million in a Series B funding round led by Breakthrough Victoria to enhance technology development and customer support globally.

PRIVATEOct 21, 2024

Amount Raised

$11 Million

Round Type

Series B

Waurn PondsManufacturing

Investors

Am VenturesAcorn CapitalBreakthrough Victoria

Description

Conflux Technology raised $11 million in a Series B funding round aimed at advancing technology development and increasing customer support worldwide. The round was led by Breakthrough Victoria, with participation from AM Ventures and Acorn Capital, focusing on the development of next-generation heat exchangers.

Quick answer

Conflux Technology raised $11 Million in a Series B round, dated October 21, 2024. Investors: Am Ventures, Acorn Capital and Breakthrough Victoria. Conflux Technology is based in Waurn Ponds, Victoria, Australia.

How much did Conflux Technology raise?
Conflux Technology raised $11 Million in a Series B round on October 21, 2024.
Who invested in Conflux Technology?
Am Ventures, Acorn Capital and Breakthrough Victoria are named as investors in this round.
What does Conflux Technology do?
Conflux Technology is a leading heat transfer and additive manufacturing company specializing in innovative heat exchangers.
Where is Conflux Technology based and how big is it?
Conflux Technology is based in Waurn Ponds, Victoria, Australia. Fundz records about 52 employees.
Who are the decision-makers at Conflux Technology?
Fundz holds 1 contact at Conflux Technology. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Conflux Technology that raised within 45 days of this round, from Fundz verified event records.

  • Neuranics Lab raised $700K (Seed) on December 5, 2024.
  • Tractian raised $120M (Series C) on December 5, 2024.
  • Ultraviolette raised $10M (Series E) on December 5, 2024.
  • Atmosphere - The Store Makers raised $590K (Seed) on December 5, 2024.
  • Quindi raised $553K (Seed) on December 5, 2024.
  • Lumen Orbit raised $14M on December 5, 2024.

Who to call at Conflux Technology, and when

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Company Information

Company

Conflux Technology

Location

Waurn Ponds, Victoria, Australia

About

Conflux Technology is a leading heat transfer and additive manufacturing company specializing in innovative heat exchangers. The company aims to address heat exchange limitations and support customers in achieving net zero through advanced manufacturing techniques. Conflux has built a strong reputation in various industries, including motorsports, industrial machines, and defense. It focuses on efficiency and sustainability in its manufacturing processes.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Conflux Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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