Cooling startup raises $143M

Frore’s March 16 press release lists total capital raised to date at $340 million, positioning the company to scale its thermal platforms globally. (froresystems.com) LiquidJet and AirJet are called out as the company’s flagship systems, with LiquidJet advertised to deliver 75% higher heat‑transfer efficiency and GPUs running about 8°C cooler. (froresystems.com) Frore’s LiquidJet Nexus is presented as a tray‑level solution compatible with NVIDIA Kyber ½U compute trays that the company claims can double compute density per rack and cut thermal‑stack weight by roughly 65%. (froresystems.com) The Series D was led by MVP Ventures and, per the company filing, included participation from Fidelity Management & Research, Top Tier, Mayfield Fund, Clear Ventures, Addition, Qualcomm Ventures, StepStone Group and Alumni Ventures. (froresystems.com) The announcement says the new capital will accelerate manufacturing scale‑up and expanded deployments across hyperscaler data centers and edge markets, while other coverage reports Frore maintains manufacturing operations in Taiwan. (froresystems.com) Independent coverage framed the round as a market signal that cooling and power are now procurement‑level qualifiers for AI hardware purchases, elevating thermal systems into vendor‑selection criteria. (bloomberg.com)