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On November 25, 2024, FLUX announced that it has completed a financing round of more than RMB 300 million, which was led by Matrix Partners China and followed by Gao Cheng Capital and GL Ventures.
Since its establishment, FLUX has focused on the logistics and supply chain software field. The company has grown into a leading company in the industry by virtue of its strong product capability and service capacity. Its flagship product, FLUX WMS, holds the top market share in China, as reported in the ARC Advisory Group's 2024 research report. The success of this financing not only shows the market's recognition for FLUX, but also gives a new impetus to the company's future development.
Zunli Shi, CEO of FLUX said that the company will comply with the industry development trend of digitalization, automation, and intelligence, continue to invest in research and development, improve the software product system, accelerate the layout of major overseas markets, and provide high-quality, professional and dedicated services for global customers.