Startup · $19.6m raised · Hardware
Waurn Ponds, VIC
Every investor coverage indicates participated in a round Conflux raised.
| Investor | Rounds | Invested |
|---|---|---|
| Acorn Capital | Series B · Series A | - |
| AM Ventures | Series B | - |
| Breakthrough Victoria | Series B | $5,000,000 |
| Innovative Manufacturing Cooperative Research Centre | Grant | - |
| Innovative Manufacturing CRC (IMCRC) | Grant | - |
| Investors Germany's AM ventures and Australia's Acorn Capital backed Conflux which uses metal additive manufacturing | Series A | - |
| regional Victorian, based in Waurn Ponds, has developed next generation heat exchangers using addictive manufacturing | Series B | - |
Companies Conflux acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Conflux. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Breakthrough Victoria's CEO reviews its 2024/25 year: growing capital base, strong co-investment leverage, portfolio milestones including Amber's $10m raise, first fellows awarded, and projected economic impact ahead.
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Heat exchanger maker Conflux Technology has joined a Honeywell-led European research consortium building thermal systems for hybrid-electric regional planes, with European Union backing; the article also notes its publisher-run manufacturing innovation award.
Breakthrough Victoria highlights recent achievements of portfolio companies including funding, awards, and expansions for firms like Liquid Instruments, Quantum Brilliance, and Samsara Eco.
Weekly roundup of four ANZ raises: Conflux Technology's $11 million Series B, BuildPass's $7.5 million seed, Projectworks's US$5 million Series A alongside a CEO change, and DNAiTECH's NZ$1 million round.
Also Startup Daily
Heat exchanger maker Conflux Technology has banked an $11 million Series B, fronted by Breakthrough Victoria's $5 million pledge and supported by AM Ventures and Acorn Capital, to speed product development and expand offshore.
Breakthrough Victoria has put $5 million into Conflux Technology, a Waurn Ponds maker of 3D-printed heat exchangers, with the growth funding set to add 39 skilled roles in Geelong.
Conflux Technology will supply a 3D-printed heat exchanger for Rocket Factory Augsburg's orbital rocket, under a partnership supported by a previously announced $1 million Australian Space Agency Moon to Mars grant.
Podcast episode with Conflux and Deakin researchers discussing their collaborative aluminium alloy development project for additive manufacturing, also recalling Conflux's Series A raise, an IMCRC grant, and defence work with General Atomics.
Also @AuManufacturing
Roundup of Australian manufacturing briefs: ZoneRV wins a Queensland grant, CLS and ARM Hub build a laundry robot prototype, Traffic Technologies lands a street-light order, Conflux launches a cooler, and UNSW unveils a solar car.
Conflux Technology and Deakin's materials institute have launched a nine-month alloy development project for 3D-printed heat exchangers, backed by a $138,000 IMCRC grant; the piece also recalls Conflux's $8.5 million Series A.
Also @AuManufacturing
Year-end review of Australian additive manufacturing in 2021: MMI grants for Romar, Titomic and SPEE3D, Titomic's raises and acquisitions, Conflux's Series A, Aurora Labs' capital raise and leadership changes, and AML3D's listing anniversary.
Geelong metal additive manufacturing firm Conflux has raised $8.5 million in a Series A backed by AM Ventures and Acorn Capital to expand capacity, equipment and production capability.
Year-end review of Australian additive manufacturing covering listings by AML3D and Amaero, capital raises at several firms, GoProto's acquisitions, defence sector engagements, and the author's own 2020 activities.
ManuFutures, an incubator run from Deakin University, has received federal money to build an export program for its advanced-manufacturing tenants, of which there are currently eleven.