Japan Based FLUX Secures $32 Million in Series B Funding

FLUX, a Tokyo-based startup, has raised $32 million in a Series B fundraising round headed by venture capital firm DNX Ventures. The fundraising round included existing backers Archetype Ventures as well as new investors Japan Co-Investment, Aozora Corporate Investments, Salesforce Ventures, Sony Innovation Fund, SMBC Nikko Securities, and NTT Docomo Ventures.

This latest round of funding increases FLUX's total raised money to $40 million, which will be used to further develop FLUX AI, their no-code AI platform.

FLUX AI, FLUX's no-code AI platform, enables businesses to leverage the capabilities of AI technologies such as predictive analytics, natural language processing, and massive language models without any prior coding experience or expertise.

FLUX aims to provide companies in Japan with a cost-effective and efficient solution for integrating AI into their operations with the growing demand for AI adoption.

FLUX, the developer of FLUX AI, has positioned itself as an AI platform that offers no-code solutions, allowing organisations to seamlessly integrate AI technology into their operations.

Through its services, the company collects over 100 terabytes of data per month to train and improve its algorithms. FLUX stores this data in a shared database while adhering to best data management practises, ensuring compliance with data governance and privacy requirements.

This broad data collection technique allows FLUX to continuously improve the effectiveness of its services, benefiting its over 1,100 publishers and advertisers, with enterprise customers forming a large component of its clientele.