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Flux Accelerator is a startup accelerator and subsidiary of Icehouse Ventures. They invest in a small number of early-stage companies each year. Flux operates on rolling entry so startups can join year-round.
Flux startups are given 6 months of free office space to work alongside other teams in their ecosystem. They also receive a space to present their company at one of Flux's annual investor events, Demo Day in May, or Showcase in September.
The Flux team work with startups to identify and achieve key milestones before seeking the next investment round from up-stream investors.
Flux invests up to $150k per startup, either as a lead investor or by co-investing alongside other investors. The Flux team invests significant time and resources while working with all of their investee companies.
Flux has invested in 18 companies since 2017, those companies have gone on to raise an additional $16.3 million in follow-on capital from local and international investors. As of early 2020, one of those companies has exited through a trade sale.
