What is Frigate?
Frigate operates as a B2B manufacturing company, leveraging an extensive network of partners, referred to as Frigaters, to facilitate a comprehensive suite of services. These include New Product Development, contract manufacturing, parallel manufacturing, and Manufacturing as a Service. At its core, Frigate provides clients with a cutting-edge AI platform designed to deliver end-to-end visibility across the entire supply chain. The platform is adept at assisting users in managing transactions with existing vendors and discovering new ones, all managed under a single contract with Frigate, simplifying complex operational workflows.
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 Vel Kanniappan, Abhishek Raj Pandey, Vijay Pravin Maharajan, Prabhu Sengodan, Srinath Ramakkrushnan, and Sundararaman Ramasamy
Angel/Seed (2023): $1.5M led by Java Capital, Capital A, and Arali Ventures
Key Investors in Frigate
Java Capital
Java Capital is an independent corporate finance, M&A, and Equity Capital Markets boutique that offers a comprehensive range of financial, commercial, legal, tax, and regulatory advisory services. The firm is licensed as a sponsor for companies listed on the JSE and serves as a designated advisor for those on the JSE's AltX Exchange.
Capital A
Capital A is an airline and air services company headquartered in Kuala Lumpur, Malaysia. The company operates in the transportation industry, providing commercial airline services and related airport operations.
Arali Ventures
Arali Ventures partners with bold founders who are transforming the future of enterprise technology. They focus on investing in areas such as enterprise AI, fintech infrastructure, and health tech, providing support from seed to scale.
What's next for Frigate?
The recent major strategic investment signals Frigate's readiness for accelerated growth and market expansion. With a focus on enhancing its AI platform and broadening its partner network, the company is poised to further solidify its position in the manufacturing and supply chain technology sector. Future developments are likely to center on deepening AI capabilities for predictive analytics and optimizing the discovery and onboarding of new manufacturing partners, thereby reinforcing its value proposition for enterprise clients seeking streamlined and transparent supply chain operations.
See full Frigate company page
