What is Frigate?
Frigate operates as a sophisticated B2B manufacturing platform that integrates an extensive network of partners, known as Frigaters, to provide comprehensive solutions for New Product Development and contract manufacturing. At its core, the company utilizes a cutting-edge AI platform designed to provide end-to-end visibility across the supply chain. This technological layer allows customers to manage transactions with existing vendors or discover new ones through a unified, simplified contract structure. By abstracting the complexities of industrial procurement and production, Frigate effectively serves as a digital orchestrator for modern manufacturing, enabling businesses to optimize their operational workflows and reduce time-to-market for new products.
How much funding has Frigate raised?
Frigate has raised a total of $1.7M across 2 funding rounds:
Other Financing Round
$175K
Angel/Seed
$1.5M
Other Financing Round (2022): $175K with participation from Vijay Pravin Maharajan, Srinath Ramakkrushnan, Abhishek Raj Pandey, Sundararaman Ramasamy, Prabhu Sengodan, and Vel Kanniappan
Angel/Seed (2023): $1.5M led by Capital A, Java Capital, and Arali Ventures
Key Investors in Frigate
Capital A
Capital A is an airline and air services company headquartered in Kuala Lumpur, Malaysia, focusing on transportation and logistics infrastructure.
Java Capital
Java Capital is an independent corporate finance and M&A boutique providing comprehensive advisory services for listed and unlisted companies.
Arali Ventures
Arali Ventures partners with founders transforming enterprise technology, with a specific focus on AI, fintech infrastructure, and B2B innovation.
What's next for Frigate?
With the recent influx of capital, Frigate is poised to transition from its current growth phase into a period of aggressive market expansion and technological refinement. The strategic focus will likely center on enhancing the predictive capabilities of its AI supply chain engine, allowing for deeper insights into manufacturing bottlenecks and vendor performance. Furthermore, the company is expected to scale its partner ecosystem, broadening the scope of its MaaS offerings to accommodate more complex industrial requirements. As Frigate continues to mature, the integration of advanced automation and data-driven decision-making tools will be critical in maintaining its competitive edge within the global manufacturing ecosystem, ultimately driving greater efficiency for its enterprise-level clientele.
See full Frigate company page