In early March, Flux raised $2 million in seed funding to start producing Eddys, and is planning another funding round up to $8 million in late 2017, according to Bloomberg. This is the approach we use in Eddy, but to understand plants," Kloosterman says.
He had to build low-cost devices using available tech, like cell phones to see bombs and explosives or infiltrators. Yifrach " built solutions for the toughest conditions and scenarios - to catch terrorists mainly. He's now using that same know-how to develop Eddy's proprietary system. FluxIoT cofounder Karin Kloosterman inside the startups pop-up biodome in Tel Aviv, Israel.įluxIoT, which launched in 2014, works out of a greenhouse in Tel Aviv (though it's also growing its US team in Colorado). The startup is led by cofounder and CTO Amichai Yifrach, who previously made special nano sniffers - computer sensors that detect explosives - and image processing tools to protect US troops at checkpoints in Iraq and Afghanistan.