Company Overview
Snapshot
Founded in January 2023 by Haggai Borkow, Flux operates with 1–10 employees. The company is currently in a Pre-Funding stage, focusing on developing patented technology for optimizing elevator systems in buildings.
Business overview
Flux provides a cost-effective solution for real estate developers by optimizing building design to increase usable floor space. The company's core technology enables multiple elevators to operate independently within a single shaft, and also allows elevators to move between shafts, significantly reducing the overall space required for elevator infrastructure. This innovation maximizes a building's revenue potential by freeing up additional floor space for rental or sale. Flux operates within the Industrial Technologies sector, specifically targeting the construction and property management industries with green construction solutions.
Log in to access full profile ›Company Intelligence Q&A
- What is Flux's primary technological innovation?
- Flux's primary innovation is a patented elevator technology that allows multiple elevators to move independently within a single shaft, and also enables movement between shafts. This design significantly reduces the space typically occupied by elevator infrastructure in buildings.
- What problem does Flux's technology solve for developers?
- Flux's technology addresses the challenge of optimizing building design by reducing the number of elevator shafts required. This frees up valuable floor space, which can then be used for rental or sale, thereby increasing the building's revenue potential for developers.
- What are the environmental benefits of Flux's elevator technology?
- Flux's elevator technology aims to reduce global energy consumption by 0.5% and global CO2e emissions by 0.8% at scale. This is significant given that elevators currently consume 0.8% of the world's energy and are responsible for 1.2% of global emissions.
- Which markets does Flux target with its solutions?
- Flux targets the construction and property management industries, with a focus on real estate development. Its geomarkets include Europe, the Americas, and Southeast Asia.
- What is the current stage of Flux's product development?
- Flux is currently in the R&D stage of product development, focusing on refining its innovative elevator technology.