
After years spent shrinking displays and teaching phones to read fingerprints, the engineer behind Frore Systems turned to a less glamorous adversary: trapped heat. His wager is that the next leap in computing may begin with moving air through a space barely thicker than a coin.
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.