Manufacturing News

Conflux Technology raises $8.5m to expand

Manufacturing News

Metal additive manufacturer Conflux Technologies has raised $8.5 million to boost capabilities and buy new equipment in a series A investment round.

Investors Germany’s AM ventures and Australia’s Acorn Capital backed Conflux which uses metal additive manufacturing (AM) to improve heat exchangers for automotive, aerospace, energy and defence use.

AM Ventures provided initial seed funding to the company in 2017.

The Geelong, Victoria company’s 3D printing technologies create detailed geometries that cannot be manufactured using any other method.

Conflux CEO, Michael Fuller said: “The investments will enable us to significantly increase our capacity and capability.

“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.”

Picture: Conflux Technology

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