# Aeroflux Braking Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aeroflux-braking-systems

- Industry: Aerospace
- Headquarters: Toronto, Canada
- Website: www.aerofluxbrakes.com
- Latest round: Seed (Jun 8, 2020)
- Investors on record: 2

## About

Aeroflux Braking Systems specializes in innovative braking technologies for the automotive industry, focusing on safety and reliability in braking performance. Their products are designed to enhance vehicle safety and efficiency.Aeroflux Braking Systems is a Canadian company based in Toronto, specializing in advanced braking systems for vehicles. Founded by Nikola Kostic, the company has undergone strategic pivots to enhance its product offerings. The latest funding round occurred in October 2021, where Aeroflux raised CAD 200,000 from RiSC Capital Corp, bringing the total amount raised to CAD 200,000. The company primarily targets the automotive market with a focus on improving braking safety and performance.Aeroflux Braking Systems offers a range of advanced braking solutions aimed at the automotive sector. Their products incorporate cutting-edge technologies to ensure optimal braking performance. The company caters to a diverse clientele, including vehicle manufacturers and automotive suppliers, providing them with tailored braking systems designed to meet specific safety and efficiency requirements. The innovations in their braking technologies contribute to enhanced vehicle performance and reliability.The revenue model of Aeroflux Braking Systems is based on direct sales of their specialized braking systems to automotive manufacturers and suppliers. The company generates revenue through these B2B transactions, ensuring ongoing relationships with industry partners who rely on Aeroflux's expertise in braking technology. Their flagship products are integral to their revenue growth, appealing to clients seeking reliable and efficient braking solutions.Aeroflux Braking Systems plans to leverage its recent funding of CAD 200,000 from October 2021 to expand its product line with new braking technologies aimed at increasing safety and efficiency for vehicles. The company is also targeting expansion into North American and European markets by 2023, aiming to establish partnerships with key automotive manufacturers. The funding will be utilized to support research and development initiatives, ensuring the timely launch of innovative products that align with industry demands.

## Funding rounds

- Seed, Jun 8, 2020 — Creative Destruction Lab, Front Row Ventures

## Investors

- Creative Destruction Lab (https://capitalatlas.ai/funds/creative-destruction-lab) — Seed
- Front Row Ventures (https://capitalatlas.ai/funds/front-row-ventures) — Seed