The company was spun-out of the University of Cambridge back in 2016 to commercialise a innovative new sensor technology, first developed by the High Voltage Microelectronics and Sensors group at the Electrical Engineering Department within the university.
Flusso’s first two products were the FLS110, a flow sensor, and the FLS122 which was launched in May 2022 which is said to be the world’s smallest air velocity sensor.
The investment, according to the company, is the first phase of an ambitious growth plan by its new owners following its acquisition in August last year by a company and a global private equity fund focused on investing in semiconductor companies and other high-tech industries.
The expansion will see Flusso create 10 further engineering and operational roles this year, on top of eight new positions already added at its Cambridge offices over the last few months. The company is also leasing a further 2,000 square feet within its existing building, effectively doubling its mixed office and laboratory space; and investing in additional specialist test equipment to bring some previously outsourced product testing activities in-house.
Commenting Andrea De Luca, CEO at Flusso said, “Flusso’s ambitious expansion plan will more than double the size of our technical team compared with last year, and will help accelerate the commercialisation of our flow and gas sensor product lines. We’ve recently added some critical new capabilities to our Cambridge team but are looking to bolster it further with additional skills in areas such as application engineering, firmware and software engineering, data science, materials and product quality.”
The expansion will enable the company to accommodate its fast-growing headcount, as well as new facilities including two fully customised sensor development and test laboratories, more meeting rooms and a dedicated video conferencing suite.
The new labs will be kitted out with equipment such as multiple temperature- and humidity-controlled test chambers, and a desktop wind tunnel for use in developing, characterising and validating the performance of new flow sensor innovations.
In addition, the company has recently been awarded ISO 14001:2015 certification for its environmental management system and is now working on a plan to achieve carbon neutrality for its buildings and staff travel as soon as possible.
The image shows one of two new fully customised sensor development and testing laboratories.