Frenetic

About Frenetic

Frenetic, operating under Frenetic AI, presents a targeted investment opportunity within the power electronics sector, specifically addressing the niche market of magnetic components. The company was established in 2015 by a team of engineers, including Dr. Jose Maria Molina, Dr. Alfonso Martinez, and Dr. Lucas Nicieza, who identified a critical bottleneck in the design and manufacturing of custom magnetics. Their collective background in research and development within the power electronics field at institutions like Universidad Politécnica de Madrid (UPM) provided the foundational expertise for the venture. The journey began with the creation of an internal tool to expedite their own research, which later evolved into the commercial platform available today.

The core of Frenetic's business is a web-based software-as-a-service (SaaS) platform that leverages artificial intelligence to automate and optimize the design of magnetic components. This platform allows electrical engineers to input their specifications and, within seconds, receive a range of design options, complete with simulations and component suggestions from various manufacturers. The business model is twofold: it generates revenue from subscriptions to its design and simulation software, and it also offers a manufacturing service. This service manages the entire supply chain, from prototyping and sampling to mass production of the custom-designed magnetic components, providing a comprehensive solution from concept to finished product. Frenetic serves clients across various industries, including electric vehicles, renewable energy, and industrial applications, who require high-performance, custom magnetic solutions. The company has secured significant funding, including a €10 million round in 2023, to fuel its expansion, particularly in the United States market, and to further develop its AI technology.

The service streamlines a traditionally complex and time-consuming process, which often relies on estimations and iterative physical prototyping. By employing physics-based models and machine learning algorithms, Frenetic's platform delivers highly accurate designs and performance predictions without the need for initial physical samples. A key feature is the platform's ability to provide instant feedback on the feasibility and performance of a design, allowing for rapid iteration. The company's unique selling proposition lies in its integration of an advanced design tool with a managed manufacturing service, effectively creating an end-to-end ecosystem for custom magnetics that reduces design time from weeks to mere hours and accelerates the delivery of physical prototypes.