TLDR:
- Frore Systems, a thermal technology company, raised $80M in Series C funding.
- The funding round was led by Fidelity Management & Research Company and included participation from various existing investors.
Frore Systems, a San Jose, CA-based thermal technology company for electronic and consumer devices, recently secured $80 million in Series C funding. This funding round, led by Fidelity Management & Research Company, brought the total amount raised by the company to $196 million. Other participants in this round included Prosperity7 Ventures and all existing investors such as Mayfield Fund, Clear Ventures, and Qualcomm Ventures. The company plans to use this funding to expand its operations and development efforts. Frore Systems is known for its active cooling solutions, including the AirJet® Mini and AirJet Mini Slim, which are integrated into devices to remove heat and improve performance. Their solid-state active cooling chip, AirJet®, is utilized in a range of AI platforms, enabling faster decision-making and energy savings. With offices and a manufacturing facility in Taiwan, Frore Systems is poised to continue innovating in the thermal technology space.
