Flux Factory, Inc., a San Francisco, CA-based provider of a service for architects, engineers, and contractors to exchange data, raised $29m in Series B financing.
The round was co-led by Temasek and Surbana Jurong Private Limited, with participation from Far East Ventures (a subsidiary of Far East Organization, Singapore’s largest private real estate developer), DFJ, South Park Ventures, Borealis Ventures, and Obvious Ventures. In conjunction with the funding, Nina Yang, COO of Singbridge, will join Flux’ board of directors.
Founded in 2012 by Nicholas Chim, Flux provides cloud-based collaboration service that allows architects, engineers, and contractors to exchange data, and streamline complex design workflows. Tested over the last six months, the solution serves as an interchange point for sharing project data such as architectural requirements, schematic designs, analysis models, and material schedules.
Flux currently works with design software such as Grasshopper, Excel, and Dynamo. Subsequent plugins such as Revit, AutoCAD, 3ds Max and SketchUp are targeted for release in early 2016.