Japan’s leading AI platform developer, announced 4.4 billion JPY in Series B funding led by DNX Ventures, and including existing investor Archetype Ventures and new investors Japan Co-Investment, Aozora Corporate Investments, Salesforce Ventures, Sony Innovation Fund, SMBC Nikko Securities, and NTT Docomo Ventures.
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This additional funding brings FLUX’s total funds raised to 5.6 billion JPY and accelerates FLUX’s continued development of FLUX AI — a no-coding AI platform.
FLUX AI allows businesses to easily leverage AI technologies such as predictive analytics, natural language processing (NLP) and large language models (LLMs), without requiring any prior coding skills or knowledge.
In recent years, the business environment has been rapidly changing due to the emergence of AI technologies such as LLMs and generative AI. Despite these advancements, many companies in Japan struggle to adopt AI technologies into their businesses due to a lack of expertise and talent needed to understand and implement them. In order to tackle these challenges, FLUX has formed a team of experts to carry out in-depth research and service development within the AI technology field.
FLUX AI is an AI platform that underpins several no-code solutions that allow businesses to easily incorporate AI technologies into their operations.
When developing solutions that include optimization or predictive analytics capabilities, it generally takes a significant amount of time and development cost to structure the available data in a way that the AI can use it. FLUX is able to efficiently develop AI-based solutions because every solution is built on the same FLUX AI architecture.
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FLUX collects over 100TB of data each month across its services, which are stored in a common database. Those data are used to train its models to increase performance for each service, while maintaining compliance with data governance best practices and privacy regulations.
Over 1,100 publishers and advertisers are using FLUX services, with enterprise customers making up the largest customer segment. Throughout the past few years of rapid growth, the churn rate across FLUX services has stayed low at 0.2%, indicating strong customer satisfaction.
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