AM Ventures makes significant investment in Australia’s Conflux Technology
German-based AM Ventures Holding GmbH (AMV), a strategic investor focusing on Advanced Manufacturing and sister company of EOS GmbH, reports that it has made a significant investment in Additive Manufacturing start-up Conflux Technology, Victoria, Australia. Conflux Technology specialises in functional applications for metal AM, particularly thermal components.
Conflux Technology’s engineering team has a combined 30 years of design for Additive Manufacturing and development experience. According to the company, the partnership is being launched with the patent pending Conflux CoreTM heat exchanger, which it states has broad industry applications and represents the next generation in high-efficiency thermal management technologies.
This investment marks a major growth in Australia’s AM capabilities, assisted through the Federal Government’s innovation policy and partnerships with the CSIRO and Deakin University. Michael Fuller, CEO and Founder, of Conflux, commented, “The advent of metal Additive Manufacturing is a global phenomenon. With metal AM growth running at 40% CAGR, Conflux Technology is perfectly positioned to assist businesses across multiple industry sectors realise this potential. The Conflux CoreTM heat exchanger technology is the perfect demonstration of our capabilities, and now, with support from our partners AM Ventures and EOS, we look forward to expanding our reach and facilitating the growth of Additive Manufacturing.”
Arno Held, AMV’s Director of Business Development, expressed his excitement about the addition of the Australian firm to the company’s portfolio. “We are particularly happy about this opportunity, as the Conflux team has impressively demonstrated how well it understands metal AM technology,” he stated. “Complex structures in challenging environments require not only the highest standard of machine technology to produce parts but also the best engineering skills to design the right products. Conflux’s capabilities will become a great addition to our already excellent portfolio of Additive Manufacturing related companies.”
