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Frenetic To Open Silicon Valley Office After $12M Series A Round For Magnetic Components Production

PRIVATENov 07, 2023

Round Type

Series A

ManufacturingProduct Design

Investors

Big SurBonsaiBankinterJoin Capital42 CapKibo Ventures

Description

Madrid-based Frenetic has raised $12 million in a Series A round aimed at expanding its presence in the US market, specifically through a Silicon Valley office opening.

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Company Information

Company

Frenetic

About

šŸš€ Frenetic is a technology company, born to revolutionize the Magnetics industry. With a strong focus on innovation, we specialize in the entire range of Magnetic components design, simulation and manufacturing. šŸ’» Our services include the most advanced simulation and design software for Magnetic components, a web-based platform that allows users to compare millions of different possibilities for their Magnetics within seconds, all while maintaining the highest level of accuracy in the market. šŸ§‘ā€šŸ­ Frenetic extends its commitment to Magnetics customization by overseeing the production side of your project, managing both samples and mass production units. Our streamlined process ensures prompt quotations for Magnetic component design and production, with samples delivered swiftly within just a few weeks. šŸ¤ Our dedication is granted by our team of experts, who accompanies you throughout the entire design and production journey, guaranteeing that your projects not only meet but exceed the benchmarks for high quality, performance and sustainability.

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Fundz sees it the moment Frenetic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Frenetic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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