Frore Systems

Other Semiconductors · San Jose, CA · Founded 2018 · Privately Held (backing)

Developer of thermal management chips designed for removing heat from compact electronic and AI devices to enhance sustained processor performance. Frore Systems is based in San Jose, CA and was founded in 2018. It is valued at about $1.6 billion as of Oct 2026, set by institutional fund marks, unchanged since its later-stage round in Mar 2026. It has raised $374 million across 4 recorded rounds; the latest was an $80 million Series C in May 2024.

PMV mark · valuation
$1.6B
Oct 2026
Since last round
-0%
Mar 2026
Total raised
$373.9M
Last round
Later Stage VC (Series C)
May 2024
How much has Frore Systems raised?
$373.9Macross 4 recorded rounds · Jul 2020 – May 2024

Most recently, Frore Systems raised $80.0M in its Later Stage VC (Series C) (May 2024).

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Frore Systems round by round

4 rounds
May 2024Later Stage VC (Series C)$80.0M▮
+ 2 more investors · free account
Dec 2022Early Stage VC (Series B)$100.0M▮
+ 1 more investors · free account
Apr 2021Early Stage VC$15.0M▮
+ 1 more investors · free account
Jul 2020Early Stage VC (Series A1)$25.6M▮
+ 1 more investors · free account

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.

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.

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Frequently asked about Frore Systems

How much has Frore Systems raised?
Frore Systems has raised $373.9M in total across 4 recorded funding rounds.
When was Frore Systems's last funding round?
Frore Systems's most recent recorded round was Later Stage VC (Series C) in May 2024, raising $80.0M.