Flux Hybrids

Raleigh, United States Founded: 2019 • Age: 7 yrs
Conversion kits for multi-category electric vehicles are developed.
Annual revenue - Latest available
Total funding $467,000 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Flux Hybrids

Flux Hybrids is a company based in Raleigh (United States) founded in 2019 by Cody Biedermann. Flux Hybrids has raised $467 thousand across 2 funding rounds from investors including The Launch Place. Flux Hybrids offers products and services including Hybrid Conversion Kit and Hybrid Powertrain. Flux Hybrids operates in a competitive market with competitors including Zedify, ULEMCo, pepper motion, ClearFlame and Tula Technology, among others.

  • Headquarter Raleigh, United States
  • Founders Cody Biedermann
  • Sectors
    Transportation, Automotive & Logistics
    Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
    -$305.91 K (USD)
    -873
    as on Dec 31, 2022
  • EBITDA
  • Total Equity Funding
    $467 K (USD)

    in 2 rounds

  • Latest Funding Round
    $467 K (USD), Seed

    Apr 15, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Flux Hybrids

Flux Hybrids offers a comprehensive portfolio of products and services, including Hybrid Conversion Kit and Hybrid Powertrain.

Primary

Aftermarket kit to convert vehicles for better fuel efficiency

Technology to integrate into vehicles reducing emissions and costs

People of Flux Hybrids

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Cody Biedermann
Co-Founder & CTO
People
Micah Ulrich
Chief Executive Officer
People
Clay Dowdey
COO

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Funding Insights of Flux Hybrids

Flux Hybrids has successfully raised a total of $467K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $467 thousand completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $467,000
  • First Round

    (13 Oct 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Seed - Flux Hybrids Valuation

investors

Oct, 2021 Amount Grant - Flux Hybrids Valuation

investors

Investors in Flux Hybrids

Flux Hybrids has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Launch Place.

All
Venture Fund
Investor Description Founded Year Domain Location
The Launch Place is engaged in supporting startups through funding and mentoring.
Founded Year Domain Location

Investments & Acquisitions by Flux Hybrids

Investments

Financial Statements - Flux Hybrids

Flux Hybrids Comparisons

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Competitors of Flux Hybrids

Flux Hybrids operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zedify, ULEMCo, pepper motion, ClearFlame and Tula Technology, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Zero-emission last mile delivery solutions are provided to businesses.
domain founded_year HQ Location
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
domain founded_year HQ Location
Electric conversion kits for commercial vehicles are provided.
domain founded_year HQ Location
Carbon reduction solutions are provided for industrial sectors worldwide.
domain founded_year HQ Location
Software solutions for fuel saving in engines are developed.
domain founded_year HQ Location
Fleet electrification solutions for mid-duty vehicles are provided.

Latest news on Flux Hybrids

Frequently Asked Questions about Flux Hybrids

Flux Hybrids was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Flux Hybrids is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Flux Hybrids is a funded company, having raised a total of $467K across 2 funding rounds to date. The company's 1st funding round was a Grant of $5K, raised on Oct 13, 2021.

Flux Hybrids was founded in 2019 in Raleigh, United States, and operates in the electric vehicle sector. Conversion kits are developed for commercial vehicles, hybrids, plug-in hybrids, and consumer vehicles. These kits incorporate a 2.6 kWh lithium-ion battery, 60V system voltage, and electric drive units. Integration with existing drivetrains is facilitated, along with remote data acquisition capabilities. Fuel efficiency optimization is emphasized in the designs.

Flux Hybrids's top competitors include Zedify, Remora and ULEMCo.

Flux Hybrids offers Hybrid Conversion Kit and Hybrid Powertrain.

Flux Hybrids has 1 investor. Key investors include The Launch Place.

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