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§ Private Profile · Waurn Ponds, Victoria, Australia
Additive manufacturing of high-performance heat exchangers via 3D printing for thermal and fluid efficiency in demanding environments.
Conflux Technology is a Geelong, Victoria-based manufacturing company that designs, engineers, and produces high-performance heat exchangers using 3D printing technology. The vertically integrated business utilizes additive manufacturing to improve thermal and fluid efficiency for applications in industrial environments across the aerospace, defense, and automotive sectors. The company supplies custom thermal management solutions to prominent clients, establishing a partnership with General Atomics Aeronautical Systems in 2020 and supplying the sports car manufacturer Donkervoort in 2025. Originally developing its core technology for motorsport applications, the enterprise leverages advanced engineering practices derived from Formula 1 racing teams such as Sauber and Mercedes-AMG F1. Operating as a supplier of energy-efficient systems, the organization recently marked a ten-year milestone by establishing a new hub in the United Kingdom for European expansion. Conflux Technology was founded in 2015 by Michael Fuller.
Conflux Technology has raised $17.0M across 2 funding rounds.
Conflux Technology has raised $17.0M in total across 2 funding rounds.
Conflux Technology has raised $17.0M across 2 funding rounds. Most recently, it raised $11.0M Series B in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2024 | $11M Series B | Breakthrough Victoria | AM Ventures | Announced |
| Oct 1, 2021 | $6M Series A | AM Ventures | — | Announced |
Conflux Technology has raised $17.0M in total across 2 funding rounds.
Conflux Technology's investors include Breakthrough Victoria, AM Ventures.
# High-Level Overview
Conflux Technology is an additive manufacturing company specializing in advanced heat exchanger design and production.[1][2] Founded in 2015 and based in Waurn Ponds, Australia, the company leverages 3D printing technology to create next-generation thermal management solutions for high-performance industries.[1] Rather than serving as an investment firm, Conflux operates as a portfolio company itself—currently in Series B funding with $13.75M raised to date.[1]
The company addresses a critical efficiency challenge: traditional heat exchangers are bulky, heavy, and energy-intensive. Conflux solves this by using additive manufacturing to design heat exchangers with complex internal geometries that maximize thermal performance while minimizing weight and pressure drop.[2] Its customers span aerospace, defense, industrial, oil and gas, automotive, and motorsports sectors—industries where thermal efficiency directly impacts performance and sustainability.[1] The company's growth momentum reflects strong market demand, having raised $7.35M in its most recent funding round approximately seven months prior to the search data.[1]
# Origin Story
Conflux Technology was established in 2015 with a focused mission: to revolutionize heat exchange through additive manufacturing.[1] The founding team, led by co-founder Michael Fuller, recognized that traditional manufacturing methods constrained thermal design possibilities.[3] Their insight was straightforward but powerful—3D printing could enable geometries impossible to achieve with conventional machining, unlocking dramatic improvements in heat transfer efficiency while reducing component weight and complexity.[3]
The company's early positioning attracted attention from climate-focused investors. AM Ventures, a venture capital firm dedicated to scaling additive manufacturing solutions for climate impact, identified Conflux as an exceptional addition to its portfolio, citing the team's "unique know-how regarding heat transfer and AM in combination with their great team spirit."[3] This validation helped establish Conflux as a serious player in the intersection of thermal engineering and advanced manufacturing.
# Core Differentiators
Conflux's competitive advantages center on its integrated capabilities and design philosophy:
# Role in the Broader Tech Landscape
Conflux operates at the intersection of three powerful trends: the decarbonization imperative, the maturation of industrial 3D printing, and the push for system-level efficiency in energy-intensive industries.
Heat exchangers are ubiquitous in modern infrastructure—they manage thermal energy in everything from aircraft engines to industrial cooling systems. Traditional designs represent a significant source of inefficiency and weight across aerospace, automotive, and industrial applications. As regulatory pressure mounts to reduce energy consumption and carbon emissions, the economics of thermal optimization have shifted dramatically in Conflux's favor.[3]
The timing is particularly advantageous because additive manufacturing has moved beyond prototyping into production-scale manufacturing. Conflux's ability to design, validate, and manufacture complex heat exchangers in-house positions it to capture value across the entire thermal management supply chain. In aerospace and defense—sectors with the highest performance requirements and least price sensitivity—additive manufacturing heat exchangers represent a genuine performance upgrade, not merely a cost reduction play.
By demonstrating that 3D-printed thermal components can meet or exceed traditional designs while delivering weight savings and improved efficiency, Conflux influences broader adoption of additive manufacturing in mission-critical applications. This validates the technology for other high-performance component categories and accelerates the shift from traditional subtractive and assembly-based manufacturing toward integrated additive approaches.
# Quick Take & Future Outlook
Conflux Technology is well-positioned to capture significant market share in a sector ripe for disruption. The company's Series B status and recent capital raise suggest investor confidence in its path to scale. Looking ahead, several factors will shape its trajectory:
Market expansion: As additive manufacturing production capacity increases and costs decline, Conflux's addressable market will expand beyond aerospace and defense into general industrial applications where thermal efficiency drives operating costs.[3]
Supply chain integration: OEMs in automotive and aerospace may increasingly integrate Conflux's design expertise and manufacturing capabilities directly into their product development, creating long-term partnerships that deepen competitive moats.
Technology maturation: Continued advances in materials science and 3D printing processes will enable even more aggressive thermal designs, further widening the performance gap between additive and traditional heat exchangers.
The fundamental insight driving Conflux—that additive manufacturing unlocks thermal performance impossible through conventional methods—remains as relevant in 2026 as it was at founding. As industries face mounting pressure to reduce energy consumption and weight, companies that can deliver measurable efficiency gains through advanced manufacturing will become essential partners in the decarbonization economy.