# nFlux

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nflux

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.nflux.ai
- Total disclosed funding: $3M
- Latest round: Seed (Jul 27, 2020)
- Investors on record: 5

## About

nFlux, Inc. is an innovative company specializing in AI-driven solutions that enhance manufacturing processes, focusing on assembly operations with advanced technologies such as computer vision and augmented reality.Founded in 2018 in Los Angeles, US, nFlux, Inc. develops AI-powered tools for the manufacturing sector. The company has secured a total of USD 3.00 mn in funding through two deals, with the latest Seed round completed on July 27, 2020, led by Illuminate Ventures and including investors such as Amazon and Techstars. Founders Anton Safarevich, Collin Miller, and CEO Seyed ?? have a history of engagement in technology-based ventures, contributing to the company’s innovative approach.nFlux specializes in advanced AI-powered solutions for the manufacturing sector, primarily focusing on enhancing assembly processes through its flagship products, nFlux Guide™ and nFlux Acuity™. nFlux Guide™ functions as a computer vision co-pilot for assembly workers, providing real-time guidance and support to ensure flawless assembly operations. By leveraging digital work instructions and augmented reality, it addresses challenges such as high turnover rates and fluctuating production demands, ultimately improving worker training and operational efficiency. nFlux Acuity™ offers next-generation insights and traceability for manual assembly operations, empowering manufacturers with actionable data to optimize their processes. The company caters to a diverse clientele, including leading manufacturers across North America, Europe, and Asia, aiming to revolutionize quality management and productivity in assembly operations.nFlux generates revenue primarily through the sale and deployment of its AI-driven products, specifically the nFlux Guide™ and nFlux Acuity™ solutions. These products are typically offered through a subscription-based model, allowing manufacturers to integrate the technology into their existing systems with ongoing support and updates. The transaction structure is predominantly B2B, where manufacturers purchase licenses for the software and potentially engage in long-term partnerships for training and support services. Clients may opt for different pricing plans based on their specific needs and scale of deployment, ensuring flexibility in how they utilize nFlux's offerings. The focus remains on enhancing operational quality and efficiency for manufacturers, positioning nFlux as a key player in the evolving landscape of intelligent manufacturing solutions.In July 2020, nFlux, Inc. raised USD 3.00 mn in Seed funding led by Illuminate Ventures, with participation from other investors such as the University of Southern California Endowment and Plug and Play. This funding is intended to support the development of upcoming products aimed at enhancing manufacturing efficiency and expanding into new geographical markets. Specific plans include targeting additional regions in Europe and Asia for market entry by 2023, leveraging insights from existing clients to optimize service offerings.

## Funding rounds

- Seed, Jul 27, 2020, $3M — University of Southern California Endowment, Illuminate Ventures, Techstars, Plug and Play, Amazon

## Investors

- University of Southern California Endowment — Seed
- Illuminate Ventures (https://capitalatlas.ai/funds/illuminate-ventures) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- Amazon (https://capitalatlas.ai/funds/amazon) — Seed