Frore Systems Achieves $1.64B Unicorn Status on $143M Series D as LiquidJet Nexus Targets AI Data Centers
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SHERIDAN, WYOMING - April 14, 2026 - Frore Systems, Inc., a Silicon Valley-based thermal technology company, has closed a $143 million Series D funding round, pushing its valuation to $1.64 billion and achieving unicorn status. The milestone aligns with the March 2026 commercial launch of LiquidJet Nexus, an integrated lightweight coldplate system engineered for half-U compute trays in hyperscale data centers and AI factories. The company operates two distinct product lines - LiquidJet for data center direct-to-chip liquid cooling, and AirJet for solid-state active cooling in industrial embedded and consumer devices - with both now at volume production stage and integrated into products from more than 20 OEM brands worldwide.