Frore Systems key facts
as of Oct 2026- Developer of thermal management chips designed for removing heat from compact electronic and AI devices to enhance sustained processor performance.
- Frore Systems is valued at approximately $1.6B as of Oct 2026, per PrivateMarketView’s mark.
- It has raised $373.9M across 4 recorded rounds; the latest was Later Stage VC (Series C) ($80.0M) in May 2024.
- Notable investors include Alumni Ventures, Fidelity Management & Research Company, Qualcomm Ventures, Aramco Ventures, StepStone Group — 16 tracked in total.
- 4 institutional filers report fund marks on Frore Systems across 37 filings.
- Status: Privately Held (backing).
Unchanged since its later-stage round, Mar 2026 ($1.6B post-money).
- ·The complete investor list: 16 names
- ·Watch Frore Systems: the Monday email on marks, rounds and moves
Institutional fund marks on Frore Systems
4 filers · latest Jul 20264 SEC-registered funds reported 37 fair-value marks on Frore Systems between Apr 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.
Membership and data by Private Market View
Frore Systems funding rounds
4 roundsWho backs Frore Systems
16+Frore Systems valuation
Frore Systems is valued at approximately $1.6 billion as of Oct 2026. The figure is set by institutional fund marks. The reference point is its later-stage round in Mar 2026, at a $1.6 billion post-money valuation; the current figure is unchanged since.
Recent activity
In the last 90 days, Frore Systems's record added 5 institutional fund marks (latest period Jul 2026).
How much has Frore Systems raised?
Frore Systems has raised $374 million across 4 recorded rounds since 2020. The largest was an $80 million Series C in May 2024.
Institutional holders and vehicles
4 SEC-registered funds reported 37 fair-value marks on Frore Systems between Apr 2025 and Jul 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.
Frore Systems investors
16 investors are on record for Frore Systems, including Alumni Ventures, Fidelity Management & Research Company, Qualcomm Ventures and Aramco Ventures. By type, the record holds 6 venture capital firms, 1 family office and 1 asset manager. The Series C in May 2024 drew 10 investors.
About Frore Systems
Developer of thermal management chips designed for removing heat from compact electronic and AI devices to enhance sustained processor performance. The company offers silent, thin, high-back-pressure solid-state cooling chips that outperform fans, support liquid-assisted and PAK-based systems for dense AI servers, and maintain dustproof, compact device designs, enabling consumer electronics and edge and data center AI system manufacturers to unlock full processor capabilities and prevent thermal throttling.
- Industry
- Other Semiconductors
- Sector
- Information Technology
- HQ
- San Jose, CA, United States
- Founded
- 2018
- Employees
- 79
- Website
- froresystems.com/
- Ownership
- Privately Held (backing)
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