Frisimos Technologies Overview
Frisimos Technologies specializes in connecting, assembling, and testing cables using computer vision technology. The company’s cable assembly automation line is a fully automated cable assembly solution that is modular, scalable, flexible, and agile. By utilizing a combination of AI-based robotics, laser technology, and proprietary software, Frisimos delivers exceptional production quality while improving lead times, reducing production costs, and increasing throughput.
Cumulative Funding Raised Over Time ($)
—Oct 2018
Latest News
growth-positive
פריסימוס פיתחה קו הרכבה אוטומטי לכבלי קונקטורים - Techtime - חדשות אלקטרוניקה והייטק
Frisimos Technologies, an Israeli company, has developed an automated assembly line for connector cables and won the prestigious Innovation Award at the Productronica 2024 exhibition. The modular production line, which began sales in 2021, assembles and tests each cable individually, including its connection to USB-C and Ethernet connectors. The company plans to offer a manufacturing as a service model in 2024. Since its establishment, the company has raised about $10 million and currently employs about 30 people.
InvestmentCustomersExpand
growth-positive
החברה שמפתחת קווי יצור רובוטיים לכבלים ותגייס 24 מיליון ש' בבורסה
Israeli company Frisimos has launched a campaign to raise 24 million shekels through the fundit platform and plans to register for trading on the TASE UP market. The funds will be used to expand the companys sales team, establish 12 production lines for Ethernet cables, accelerate development for USB-C cables, and expand into target markets like Europe. Frisimos aims to generate revenues of around $74 million in the next five years. The companys robotic assembly line claims to increase productivity by 30% and reduce manufacturing costs by 80%. Frisimos joined forces with German company Metzner in 2018. TASE UP allows private companies to raise capital from institutional investors and remain private.
InvestmentPublic Trading
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Mature |
| Rounds | 2 |
| Investors | 1 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | www.frisimos.com |
Locations
HaOfe St 2, Kadima Zoran, Israel
Photos & Videos
1 item(s)
Frisimos Technologies Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Industrial TechnologiesProcess Automation & Intelligence SystemsMicroelectronics & Photonics SolutionsTarget Customer
Industrial ManufacturingDiscrete IndustriesAutomotiveSemiconductors & ElectronicsCore Technology
Artificial IntelligenceMachinery & RoboticsIndustrial RobotsTags (10)
industry-4.0manufacturingcutting-toolsautomationroboticsmachineryindustrial-technologiesmanufacturing-facilitiesiotelectronic-manufacturingGeographic Markets
GermanyFrisimos Technologies Financials
Undisclosed
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Mature
Funding stage
2
Total rounds
1
Investors
Cumulative Funding Raised Over Time ($)
—Oct 2018
Private Equity Funding
Convertible Debt
Oct 2018
Undisclosed
Metzner
Non-Equity Funding
GrantEvent
May 2017
Undisclosed
Frisimos Technologies Lifecycle
Cumulative Funding Raised Over Time
—Oct 2018
All Events
Convertible Debt
Oct 2018
Undisclosed
Metzner
GrantEvent
May 2017
Undisclosed
Frisimos Technologies News
2 articles
growth-positive
פריסימוס פיתחה קו הרכבה אוטומטי לכבלי קונקטורים - Techtime - חדשות אלקטרוניקה והייטק
Frisimos Technologies, an Israeli company, has developed an automated assembly line for connector cables and won the prestigious Innovation Award at the Productronica 2024 exhibition. The modular production line, which began sales in 2021, assembles and tests each cable individually, including its connection to USB-C and Ethernet connectors. The company plans to offer a manufacturing as a service model in 2024. Since its establishment, the company has raised about $10 million and currently employs about 30 people.
InvestmentCustomersExpand
growth-positive
החברה שמפתחת קווי יצור רובוטיים לכבלים ותגייס 24 מיליון ש' בבורסה
Israeli company Frisimos has launched a campaign to raise 24 million shekels through the fundit platform and plans to register for trading on the TASE UP market. The funds will be used to expand the companys sales team, establish 12 production lines for Ethernet cables, accelerate development for USB-C cables, and expand into target markets like Europe. Frisimos aims to generate revenues of around $74 million in the next five years. The companys robotic assembly line claims to increase productivity by 30% and reduce manufacturing costs by 80%. Frisimos joined forces with German company Metzner in 2018. TASE UP allows private companies to raise capital from institutional investors and remain private.
InvestmentPublic Trading
Frisimos Technologies Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 15 |
| Team members | 2 |
Similar Companies
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Frisimos Technologies Internal
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Admin Info
| Confidence | 98/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514923622 |
| Crunchbase | frisimos-technologies |
| Creator | Amit Kupferschmied |
| Creator email | amit.kupferschmied@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-01-05T00:00:00.000Z |
| Created | 2016-12-19T00:00:00.000Z |
| Claimed | Yes |