Conflux Technology
Assembly Line
$11M Series B funding for Conflux’s innovative 3D printed heat exchangers
Heat exchanger 3D printing specialist Conflux Technology has raised $11 million in Series B funding. Led by Breakthrough Victoria, with support from AM Ventures and Acorn Capital, this capital will accelerate the development of lighter, more efficient heat exchangers and improve customer support across key markets. By focusing on these developments, the company aims to help industries meet sustainability goals while reducing their environmental impact.
With the new funding, Conflux plans to accelerate the development of its Conflux Production Systems (CPS), an advanced manufacturing solution for producing additively manufactured heat exchangers. This automated system is designed to replace traditional manufacturing processes, streamlining production, improving efficiency, and minimizing supply chain risks. Industries such as motorsports, defense, and e-mobility are expected to benefit significantly from these innovations.
Consequently, Conflux is also collaborating with Odys Aviation highlighting the company’s role in advancing next-generation aerospace technology. Together, they are working on a heat recuperator turbogenerator system that could reduce fuel consumption by more than 40%.
Conflux Technology and GKN Additive to collaborate on heat exchanger development, design and production in Europe
Conflux and GKN Additive announced that they will cooperate in the development, design and production of 3D printed heat exchanger solutions in Europe. 3D printed heat exchangers have been shown to improve cooling of critical components in the electronics, automotive, aerospace and packaged goods industries by utilizing the design freedom made possible by 3D printing.
Conflux brings expertise in the design and development of advanced thermal management solutions and GKN Additive brings extensive experience in high volume production and additive manufacturing in the automotive, aerospace, and industrial industries.
Conflux Technology secures AUD$8.5m funding in Series A round
Metal additive manufacturing firm Conflux Technology has raised AUD$8.5m in its Series A investment round. The company, which uses metal 3D printing technology to develop heat exchangers for the aerospace, microelectronics, energy and automotive sectors, has attracted investment from AM Ventures and Acorn Capital.
AM Ventures initially provided funding to Conflux Technology back in 2017, with the company immediately expanding its workforce and going on to service customers in a range of industries and geographies with additively manufactured heat exchangers. These heat exchangers are said to exhibit an enhanced performance, with improvements to heat transfer and pressure drop, and significant savings in weight and space.
Having proved out additive manufacturing’s capacity to develop improved heat exchanger components and successfully delivered them into a variety of vertical markets, AM Ventures, along with Acorn Capital, have been persuaded to provide a further cash injection into Conflux Technology.
“The investments will enable us to significantly increase our capacity and capability,” commented Conflux Technology founder and CEO Michael Fuller. “We will be increasing the number of metal AM machines and investing in the latest series-production platforms, continuing to grow our team and furthering our vertical integration with final post-processing of parts. Our transformation from research and development to a fully-fledged production facility is now in action. It’s exciting to be able to advance our offering and expedite long-held plans.”