Funding Details
- Awarder
- SOSV
- Date Award
- March 31, 2025
- Vertical
- Climate Tech
- Funding URL
- View Funding Page
Company Info
- Founders
- Haggai Borkow, Amon Tavor
- Company Description
- Flux’s propulsion tech reduces electricity consumption of elevators by 2/3, saving property owners $80 billion a year. Elevators are responsible for 0.5% of global emissions, and Flux's technology abates over 250 million tons of emissions annually. By reducing the number of elevator shafts needed by up to 50%, Flux increases the effective available space that can be sold or rented by up to 25%.
- Market
- Elevators
- Location
-
Israel
Links