Tech Company Financing Transactions
Frore Systems Funding Round
Frore Systems, based in San Jose, raised $80 million in funding from Fidelity Management & Research Company, Addition and Alumni Ventures.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Frore Systems 2333 Zanker Road
San Jose, CA 95131
USA
San Jose, CA 95131
USA
Phone
Website
Email Address
Overview
Frore Systems is the developer of breakthrough?thermal technology for consumer devices. The company's active cooling chips, AirJet® Mini and AirJet® Pro, are integrated into?devices to remove heat silently, delivering 2X improvement in device processor performance. AirJet's compact size and unique capability enables faster, quieter, thinner, lighter and dust-proof devices. Frore Systems is headquartered in San Jose, CA with offices in Taiwan and South Korea.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Seshu Madhavapeddy
Chief Technical Officer
Surya Ganti
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