Frore Systems
PrivateLast Round
Series D
Mar 16, 2026
Est. Valuation
$1.64B
Total Funding Raised
$355M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Frore Systems operates in AI, Data & Cloud Infrastructure and is based in San Jose, California. Its latest recorded funding round was a Series D round in March 2026.
Frore Systems is a semiconductor company that develops advanced thermal management technologies, including solid-state active cooling chips and liquid cooling solutions for data centers and consumer devices.
Sector
AI, Data & Cloud Infrastructure
Verticals
Computing Hardware, Consumer Electronics, AI Training Infrastructure, Semiconductors
Business Model
B2B
Customer Profile
Hardware Sales
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Frore Systems Comparables
Compare Frore Systems with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Ventiva, Inc. | 79% | |
| ZutaCore | 79% | |
| Innventure, Inc. | 75% |
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Frore Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series D | Mar 16, 2026 | ||||
| Series C | May 29, 2024 | ||||
| Series B | Dec 1, 2022 | ||||
| Series A | Jul 23, 2020 | ||||
| Seed | Jul 1, 2018 |
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Frore Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Addition | Series C, Series D, Series B |
| Top Tier Capital Partners | Series D |
| Fidelity Management & Research Company | Series D, Series C |
| StepStone Group | Series C, Series D |
| Qualcomm Ventures | Series C, Series D, Series A, Series B |
| Aramco Ventures | Series C |
| Clear Ventures | Series C, Series D, Series A, Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 27, 2026
Grew 17% QoQ, from 83 to 97 employees.
- Jun 29, 2026
Grew 17% QoQ, from 78 to 91 employees.
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Recent news
Latest coverage and updates
- receives_awardNov 11, 2026
The Consumer Technology Association names Frore Systems, Inc. a CES Innovation Award honoree in the Enterprise Tech category for LiquidJet, its direct-to-chip liquid coldplate for AI data centers, in California on Nov 11th '26.
- attends_eventOct 10, 2026
Frore Systems, Inc. plans to demonstrate LiquidJet Diamond at the OCP Global Summit from Oct 12th–16th '26, showcasing cooling for Nvidia's 2,300W Rubin accelerator and hotspots reaching 770 W/cm².
- launchesOct 8, 2026
Frore Systems, Inc. launches the LiquidJet Diamond coldplate for enterprise AI, using diamond wafers to reduce temperatures by 10°C and increase tokens-per-watt efficiency by 35% on Oct 8th '26.
- attends_eventSep 3, 2026
Frore Systems, Inc. attends Lenovo Innovation World '26 in Germany and unveils a concept notebook featuring Lenovo Active Flow thermal solution with AirJet solid-state active cooling on Sep 3rd '26.
- launchesSep 3, 2026
At IFA Berlin 2026 in Germany, Frore Systems, Inc.'s active cooling technology powers the Project AeroBlade Concept laptop, using air pressure instead of fans, heatsinks, and large vents to expel CPU heat.
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Frore Systems Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Frore Systems's valuation, stock price, and market status.
Is Frore Systems a public or private company?
Frore Systems is a private company.
What is the current stock price of Frore Systems?
Frore Systems is a private company, so its shares have no public market price. Caplight tracks Frore Systems's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Frore Systems worth (valuation)?
Frore Systems's valuation is estimated at $1.6B based on funding round data.
Can I buy Frore Systems stock?
Frore Systems shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Frore Systems's last funding round?
Frore Systems's most recent funding round was Series D on March 16, 2026.
Who are the main investors in Frore Systems?
Key investors in Frore Systems include Fidelity Management & Research Company, Qualcomm Ventures, Aramco Ventures, MVP Ventures, Mayfield Fund.
Will Frore Systems IPO soon?
No public IPO plans have been announced for Frore Systems.
How can I track Frore Systems secondary market activity?
Caplight tracks bids, offers, and trades in Frore Systems's shares on secondary markets.