Frenetic, the Spanish transformer startup, enters Japan with Panasonic
Spanish startup Frenetic, which specializes in designing electrical transformers for electronic devices, accelerated its expansion by entering Japan with clients such as Panasonic, according to its founder and CEO, Chema Molina. The company, which combines electromagnetic calculations with optimization algorithms and AI, works with NASA, Siemens, Thales Alenia Space, Airbus, ABB, Renault and Panasonic. It has raised more than 19 million euros and expects to decide before next summer what type of financing to pursue.
In 40 seconds
- Frenetic enters Japan with clients such as Panasonic, adding Asia to its presence in Europe and the Americas.
- It designs transformers for space, power electronics and electric mobility, with clients including NASA, Airbus, Siemens, ABB and Renault.
- It has raised more than 19 million euros; in its latest round, in 2023, it raised close to 12 million.
Read the full story at EL PAÍS
IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.
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