Fluxco raises $26M in Seed funding, co-led by 8VC and Congruent Ventures, to advance its AI procurement platform for electrical grid infrastructure.
Amount Raised
$26 Million
Round Type
Seed
AustinArtificial IntelligenceInvestors
Description
Fluxco, based in Austin, Texas, raised $26M in seed funding to enhance its AI-powered procurement platform. The round was co-led by 8VC and Congruent Ventures, with additional support from Trust Ventures and Overture Ventures. The company plans to use the capital to accelerate its AI engineering models and expand its supplier network. Fluxco aims to address lead-time bottlenecks in the supply chain for electrical grid infrastructure.
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