Seshu Madhavapeddy is the co-founder and CEO of Frore Systems, the San Jose deep-tech company behind AirJet, the world's first solid-state active cooling chip, and the LiquidJet direct-to-chip line for data centers. A repeat entrepreneur with two prior exits and executive stints at Qualcomm, Samsung and Texas Instruments, he started Frore in 2018 with a simple frustration: the cooling fan hasn't fundamentally changed since the 19th century. In March 2026 the company raised a $143M Series D, crossing a $1.64B valuation as cooling became a defining constraint on AI performance.
Frore Systems is a Silicon Valley thermal-technology company that builds AirJet, the world's first solid-state active cooling chip, and LiquidJet, a direct-liquid coldplate for AI data centers. Founded in 2018 by two former Qualcomm engineers, Frore uses ultrasonic membranes to move air at over 100 mph with no visible moving parts, letting thin fanless devices and dense AI servers run cooler, quieter, and faster. In March 2026 it raised a $143M Series D at a $1.64B valuation, positioning its 'Thermal Stack' as foundational infrastructure for the AI era.