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Frore Systems Key Metrics
- Founded Year
- 2018
- Location
- Sunnyvale, United States
- Company Stage
- Series B
- Total Funding
- $116M
- Latest Funding Round
- $100M, Series B, Dec 01, 2022
- Competitor Rank
- 1st out of 21 competitors with a Tracxn Score of 49/100What is this?
- Acquisitions
- Frore Systems has not made any acquisitions yet
- Investments
- Frore Systems has not made any investments yet
Company profile of Frore Systems
What does Frore Systems do?
Provides microelectromechanical systems that will be known for their active thermal management and flexible MEMs. The MEMs system manufactured by the company will have more processing, more memory, longer battery life, and faster connection speeds in thinner and smaller devices.
What sectors and market segments does Frore Systems operate in?
Frore Systems
serves in the
B2B space in the
Semiconductors market segments.
The primary business model of Frore Systems is:
Semiconductors > ********* ** **** ** > ******
Which legal entities is Frore Systems associated with?
Frore Systems
is associated with
1
legal entit
y
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
---|---|---|---|---|
Frore Systems Inc. | Jul 22, 2018 | - | - | 173 |
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Funding and Investors of Frore Systems
How much funding has Frore Systems raised till date?
Frore Systems has raised a total funding of $116M over 2 rounds. It's first funding round was on Jun 01, 2018. It's latest funding round was a Series B round on Dec 01, 2022 for $100M. 4 investors participated in it's latest round, lead by Qualcomm Ventures.
List of recent funding rounds of Frore Systems
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Dec 01, 2022 | $100M | Series B | 9867911 | 1807464 | Qualcomm Ventures, Mayfield, and 2 more |
Jun 01, 2018 | Undisclosed | Series A | 8611951 | 9514789 | Clear Ventures |
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Who are the investors in Frore Systems?
Frore Systems has 6 institutional investors including Qualcomm Ventures, Clear Ventures and Mayfield.
View details of
Frore Systems funding rounds and investorsFounders and Board of Directors of Frore Systems
Founder? Claim ProfileWho are the CEO, Founders and Directors of Frore Systems?
- Seshu Madhavapeddy, Co-Founder & CEO, is a founder of 1 company.
- Surya Ganti, Co-Founder & CTO, is a founder of 1 company.
View details of
Frore Systems's Founder profiles and Board MembersCompetitors of Frore Systems
Competitive landscape of Frore Systems
Frore Systems
has a total of
21 competitors and it
ranks 1 st
among them.
3 of its competitors are funded while 2 have exited.
Overall,
Frore Systems
and its competitors have raised over
$136M
in funding across
11
funding rounds involving
17
investors.
There is 1 public and 1 acquired company in the entire competition set.
Below is a comparison of top competitors of Frore Systems
Frore Systems | Nanusens | Novasentis | Sensonor | |
---|---|---|---|---|
Description | Provides flexible micro electromechanical systems | Developer of MEMS based sensor using CMOS | Online platform offering electro-mechanical polymer based haptic actuators | Develops MEMS based gyroscopes and pressure sensors |
Founded Year | 2018 | 2014 | 2006 | 2012 |
Location | Sunnyvale (United States) | London (United Kingdom) | Berkeley (United States) | Horten (Norway) |
Company Stage | Series B | Seed | Series D | Acquired |
Unicorn Rating | - | Minicorn | Minicorn | - |
Total Funding | $116M | $5.36M | $30.4M | - |
Funding Rounds | 2 | 5 | 5 | - |
Latest Round | Series B, $100M, Dec 01, 2022 | Seed, $1.05M, Mar 27, 2021 | Series D, $9.01M, Feb 01, 2018 | - |
Investor Count | 6 | 19 | 9 | - |
Top Investors | Qualcomm Ventures, Mayfield& 4others | Inveready, Caixa Capital Risc& 17others | Ben Franklin Technology Partners, Samsung Venture Investment& 7others | - |
Tracxn ScoreWhat is this? | 49/100 | 45/100 | 44/100 | 34/100 |
Overall Rank | 1st | 2nd | 3rd | 4th |
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's competitors? Click
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Investments and acquisitions by Frore Systems
Frore Systems
has made no investments or acquisitions yet.
Reports related to Frore Systems
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all reports related to Frore Systemsor
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Frore Systems Recent News
•
Angola's Airjet adds first two E145sch-aviation•May 06, 2024•Frore Systems
•
Frore launches a lightweight, self-cleaning cooling chipPCWorld•Jan 11, 2024•Frore Systems
•
Frore Systems Unveils AirJet Mini Slim: A Game-Changer in Electronics CoolingBNN•Jan 11, 2024•Frore Systems
•
Apple MacBook Air shows performance upgrade with silent AirJet coolingnotebookcheck.net•Nov 28, 2023•Frore Systems
•
“Solid State Cooling Solution”. AirJet chip introduced for active fanless cooling of laptopsGadget Tendency•Jan 09, 2023•Frore Systems
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Frequently asked questions about Frore Systems
When was Frore Systems founded?
Frore Systems
was founded in
2018
Where is Frore Systems located?
Frore Systems
is located in
Sunnyvale,
United States.
Is Frore Systems a public company?
Frore Systems
is not a Public company. Its current company stage is
Series B
When was the latest funding round of Frore Systems?
Frore Systems
's latest funding round was on
Dec 01, 2022
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