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§ Private Profile · San Jose, CA, USA
Develops advanced thermal cooling technology, including active cooling chips for consumer devices and liquid cooling for data centers.
San Jose, California based Frore Systems develops advanced thermal cooling technology, including chips for consumer electronics and liquid cooling solutions for enterprise data centers. The company licenses and integrates its proprietary hardware into commercial devices to mitigate performance bottlenecks caused by excessive heat generation in modern computing processors. Operating with approximately 75 employees and generating $18.3 million in annual revenue, the enterprise has raised $180 million in total funding, highlighted by a $143 million Series C round bringing its valuation to $1.64 billion. The firm provides cooling components to major hardware manufacturers like Intel and Nvidia, while its venture backing includes institutional investments from Mayfield Fund, Addition, and Qualcomm Ventures. Frore Systems was founded in 2018 by former Qualcomm engineers Seshu Madhavapeddy and Surya Ganti to address thermal limitations preventing devices from reaching their full processing potential.
Frore Systems has raised $323.0M across 3 funding rounds.
Frore Systems has raised $323.0M in total across 3 funding rounds.
Frore Systems has raised $323.0M across 3 funding rounds. Most recently, it raised $143.0M Series D in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 16, 2026 | $143M Series D | Andre DE Baubigny | Addition, Alumni Ventures, Fidelity Management & Research Company, Navin Chaddha, Qualcomm Ventures | Announced |
| Jun 3, 2024 | $80M Series C | Fidelity Management & Research Company | Addition, Alumni Ventures, Clear Ventures, Mayfield, MVP Ventures, Prosperity7 Ventures, Qualcomm Ventures, Stepstone Group | Announced |
| Dec 1, 2022 | $100M Venture Round | Addition, Clear Ventures, Mayfield, Qualcomm Ventures | — | Announced |
Frore Systems has raised $323.0M in total across 3 funding rounds.
Frore Systems's investors include Andre de Baubigny, Addition, Alumni Ventures, Fidelity Management & Research Company, Navin Chaddha, Qualcomm Ventures, Clear Ventures, Mayfield, MVP Ventures, Prosperity7 Ventures, StepStone Group.