Frore Systems raises $80m in a Series C round led by Fidelity Management to develop AI device cooling tech
Amount Raised
$80 Million
Round Type
Series C
San JoseManufacturingInvestors
Description
Frore Systems has raised $80m in a Series C funding round to further develop its AirJet active cooling solutions for AI devices. The funding was led by Fidelity Management, showcasing strong support from other investors as well.
Quick answer
Frore Systems raised $80 Million in a Series C round, dated June 3, 2024. Investors: Mayfield, Alumni Ventures, Stepstone Group, MVP Ventures, Qualcomm Ventures, Clear Ventures, Prosperity7 and Fidelity Management. Frore Systems is based in San Jose, California, United States.
- How much did Frore Systems raise?
- Frore Systems raised $80 Million in a Series C round on June 3, 2024.
- Who invested in Frore Systems?
- Mayfield, Alumni Ventures, Stepstone Group, MVP Ventures, Qualcomm Ventures, Clear Ventures, Prosperity7 and Fidelity Management are named as investors in this round.
- What does Frore Systems do?
- Device makers are running into a brick wall, trying to deliver higher performance, that can only be solved by breakthrough flexible micro electromechanical systems (MEMS).
- Where is Frore Systems based and how big is it?
- Frore Systems is based in San Jose, California, United States. Fundz records about 95 employees.
- Who are the decision-makers at Frore Systems?
- Fundz holds 1 contact at Frore Systems, including the Founder and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Frore Systems that raised within 45 days of this round, from Fundz verified event records.
- Momentus raised an undisclosed amount (Convertible Note) on July 18, 2024.
- Starpath Robotics raised $6M on July 18, 2024.
- Exo Imaging raised $15M on July 18, 2024.
- Boon raised $5M (Funding Round) on July 17, 2024.
- ACEL Power raised $10M (Series A) on July 17, 2024.
- Quatt raised $27M (Funding Round) on July 17, 2024.
Who to call at Frore Systems, and when
A new round usually means Frore Systems is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Frore Systems raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Frore Systems, from your own LinkedIn network
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Related People
Frore Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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