Flux Hybrids

Make Any Fleet Vehicle Electric

Company Information

Website:

https://www.fluxhybrids.com/

Sector:

Energy Efficiency

Location:

Charlotte, NC

There are around 200 million fleet vehicles worldwide. But just one percent are electric.

Flux Hybrids aims to change that. This company has created an aftermarket plug-in hybrid conversion system. It enables fleet vehicles to make short, everyday trips on electric power, while still offering the option for gas power.

The secret is a battery pack that powers an electric drive unit, which feeds into a patent-pending mechanical integration system. This system enables the vehicle to run on electric-only, gas-only, or a combination of the two.

Flux Hybrids completed the Techstars Alabama Energytech Accelerator, and developed a prototype of its system. It’s beginning a paid pilot with Alabama Power Company, part of the seventy-seven-billion-dollar energy firm, Southern Company.

Team Background

Micah Ulrich - Chief Executive Officer
Cody Biedermann - Chief Technology Officer
Clay Dowdey - Chief Operating Officer
Raising
$400K
Committed
$157K (39%)
Current Valuation
$6 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $77K
    2022-05-01
    Unknown
    (Convertible Note)
  • $102K
    2021-09-01
    Unknown
    (Convertible Note)
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