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NyTeknik: Flox named one of the hottest tech startups 2024
17 Nov, 2024

NyTeknik: Flox named one of the hottest tech startups 2024

We are thrilled to announce that Flox has been named to the Ny Teknik 33-List for 2024, cementing our place as one of Sweden’s most innovative and promising young tech companies. Since 2008, this prestigious list has highlighted the nation’s most groundbreaking startups, focusing on companies that have developed their own technology with international commercial potential.

 

What Makes the Ny Teknik 33-List Special?

 

The Ny Teknik 33-List is not just any ranking; it represents the pinnacle of startup achievement in Sweden. To qualify, companies must:

  • Be built around a self-developed innovation.
  • Be no older than seven years.
  • Have a technology with significant business potential on a global scale.

 

A Visionary Solution for Wildlife Management

Flox, a spinoff from KTH, has been recognized for its groundbreaking AI-driven herding technology, addressing challenges posed by wildlife in critical industries and public spaces. Wildlife can disrupt everything from air and rail traffic to agriculture, forestry, and even beach tourism. Flox offers a sustainable and humane alternative to traditional solutions like protective hunting.

 

Using advanced AI, our system first identifies the species in the target area. It then applies species-specific herding methods, such as tailored sounds, to safely guide animals away from areas where they could cause harm—or be harmed themselves.

 

Applications Across Industries

Our technology, which can be installed on drones or in stationary units, is already making a significant impact:

 

  • Aviation: Collaborations with Swedish and international airports to enhance wildlife hazard management.
  • Mining: Keeping wildlife away from Boliden mines.
  • Transport: Working with Trafikverket to safeguard roadways and, this fall, partnering with Alstom to equip trains with our system to prevent wildlife collisions.

 

A Bright Future

 

This recognition underscores Flox’s commitment to innovation and global scalability. We are proud to be among Sweden’s top startups and remain dedicated to creating solutions that protect wildlife, improve safety, and contribute to more sustainable ecosystems.

 

This marks our debut on the Ny Teknik 33-List, and we look forward to continuing our mission to innovate and expand our impact globally.

 

Read more here.

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