Frore Systems, a San Jose, CA-based thermal technology company for electronic and consumer devices, raised $80M in Series C funding.
The round, which brought the total amount to $196M, was led by Fidelity Management & Research Company, with participation from Prosperity7 Ventures, together with all existing investors, Mayfield Fund, Clear Ventures, Addition, Qualcomm Ventures, MVP Ventures, Stepstone Group, Alumni Ventures, and others.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO and Founder Seshu Madhavapeddy, Frore Systems is the developer of thermal technology for electronic and consumer devices. Its active cooling solutions, the AirJet® Mini, AirJet Mini Slim and the new AirJet PAKs, are integrated into devices to remove heat, resulting in major performance gains and enabling thinner, lighter, silent, vibration free and dustproof devices.
Its solid-state active cooling chip, AirJet®, is used across a range of AI platforms:
- Edge AI Gateways at the network’s edge to enable faster decision making without relying solely on the cloud.
- On-Device Edge AI, including Copilot+ PCs, enabling AI workloads to be run entirely on-device to maximize privacy, real-time responsiveness, and energy savings.
- Data Center AI factories enabling higher compute densities for reduced infrastructure, energy and
environmental costs.
Frore Systems has offices and manufacturing facility in Taiwan.
FinSMEs
03/06/2024