logo
logo

Flux Raises $12M To Reimagine Collaborative Electronics Design

Oct 13, 2021•almost 4 years ago

Amount Raised

$12 Million

San Francisco

Description

Flux, makers of the first fully collaborative, in-browser platform for ​​electronics design and engineering, announced that it has raised $12 million in a round led by Austin McChord’s Outsiders Fund. Additional investors include Bain Capital Ventures, 8VC, Liquid2VC; as well as select investors such as Tom Preston Werner, Founder and Former CEO of GitHub.

Company Information

Company

Flux

Location

San Francisco, California, United States

About

Founded in 2019 and based in San Francisco, Flux created the first electronics design tool that enables instant, browser-based collaboration for electronics hardware designers. The platform offers the first programmable simulator, version control, instant part sourcing, and unblocks projects with the help of its open-source Community Library. Flux facilitates seamless product development and helps electronics teams to get to market faster. Learn more at www.flux.ai.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech