Frore Systems - Company Profile - Tracxn (2024)

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Frore Systems - Company Profile - Tracxn (1)

Provides flexible micro electromechanical systems

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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

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

Frore Systems - Company Profile - Tracxn (3)Access funding benchmarks and valuations.

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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 investors

Founders and Board of Directors of Frore Systems

Founder? Claim Profile

Who 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 Members

Competitors 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 - Company Profile - Tracxn (4)

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

Frore Systems - Company Profile - Tracxn (8)Get insights and benchmarks for competitors of 2M+ companies!

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Looking for more details on

Frore Systems

's competitors? Click

here to see the top ones

Investments and acquisitions by Frore Systems

Frore Systems

has made no investments or acquisitions yet.

Reports related to Frore Systems

FreeTop Business Models in Semiconductors ReportEdition: Mar 4, 2024 (32 Pages)FreeTop Business Models in United States Tech ReportEdition: Apr 19, 2024 (56 Pages)FreeUS Tech Quarterly Funding ReportEdition: Q1 2024 (42 Pages)

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all reports related to Frore Systems

or

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Frore Systems Recent News

Angola's Airjet adds first two E145sch-aviationMay 06, 2024Frore Systems

Frore launches a lightweight, self-cleaning cooling chipPCWorldJan 11, 2024Frore Systems

Apple MacBook Air shows performance upgrade with silent AirJet coolingnotebookcheck.netNov 28, 2023Frore Systems

Frore Systems - Company Profile - Tracxn (12)Get curated news about company updates, funding rounds, M&A deals and others.

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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

View complete company profile of Frore Systems

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Frore Systems - Company Profile - Tracxn (2024)

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