Flux Hybrids

Raleigh, United States Founded: 2019 • Age: 7 yrs
Conversion kits for multi-category electric vehicles are developed.

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
  • Website fluxhybrids.com
  • Social LinkedIn
Key Metrics
  • Net Profit
    -$305.91 K (USD)
    -873
    as on Dec 31, 2022
  • Total Equity Funding
    $467K (USD)

    in 2 rounds

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

    Apr 2022

  • Investors

Products & Services of Flux Hybrids

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

Hybrid Conversion Kit
Vehicle Upgrade

Aftermarket kit to convert vehicles for better fuel efficiency

Hybrid Powertrain
Engine Technology

Technology to integrate into vehicles reducing emissions and costs

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 $467,000
  • Total Rounds 2
  • Last Round Seed β€” $467,000
  • First Round $5,000

    (Oct 2021)

  • Investors Count 1

All 2 funding rounds of Flux Hybrids with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$467,000Seed––
–
Oct 2021$5,000Grant––
Valuation history

1 investors in total: 1 institutional.

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
InvestorDescriptionFounded YearDomainLocation
The Launch Place is engaged in supporting startups through funding and mentoring.
–thelaunchplace.orgDanville, United States
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Investor details for Flux Hybrids

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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People of Flux Hybrids

3 people are tracked at Flux Hybrids (3 in leadership).

NameRoleGroup
Cody Biedermann
Co-FounderLeadership
Micah Ulrich
Chief Executive OfficerLeadership
Clay Dowdey
COOLeadership
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Complete people profiles for Flux Hybrids

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Flux Hybrids

3 dated milestones of Flux Hybrids across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Flux Hybrids is founded.
  2. Funding First funding round of $5K.
  3. Funding Latest funding round, Seed, of $467K.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zedify.co.uk2018Cambridge, United Kingdom$13.21M18
Zero-emission last mile delivery solutions are provided to businesses.
ulemco.com2014Liverpool, United Kingdom$7.84M12
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
peppermotion.com2019Denkendorf, Germany–86
Electric conversion kits for commercial vehicles are provided.
clearflame.com2016Geneva, United States$72.5M–
Carbon reduction solutions are provided for industrial sectors worldwide.
tulatech.com2008San Jose, United States–38
Software solutions for fuel saving in engines are developed.
zevx.com2017Gilbert, United States$41.03M–
Fleet electrification solutions for mid-duty vehicles are provided.
basi-go.com2019Nairobi, Kenya$41.33M–
Public transport services are provided in Nairobi, Kenya.
remoracarbon.com2020Wixom, United States$5.63M48
Carbon capture solutions are provided for vehicles by Remora.
garrettmotion.com1954Rolle, Switzerland–156
Developer of turbocharging, electric boosting and connected vehicle systems
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Detailed competitors of Flux Hybrids

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Similar companies to Flux Hybrids

10 companies that operate in the same segment as Flux Hybrids (Electric & Green Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765.74 M––
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.71 B––
Electric ride-hailing and cab services are provided via mobile app.
2019Mumbai, Maharashtra, IndiaUSD 168.52 M––
Shared electric two-wheelers are rented via an online platform.
2017Bengaluru, Karnataka, IndiaUSD 187.54 MUSD 2.14 M251
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories
2013Bengaluru, Karnataka, IndiaUSD 502.15 MUSD 391.37 M1,620
App-based platform offering electric kick scooter rental services
2018Amsterdam, NetherlandsUSD 211.85 M––
Electric vehicles are manufactured and developed by Polestar.
1996Goteborg, Vastra Gotaland, SwedenUSD 550 MUSD 3.06 B2,550
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M1,247
Multi-category electric vehicles are manufactured for diverse applications.
1999Bedford, United StatesUSD 101.78 M––
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
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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 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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