Frisimos Technologies News
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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.
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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.
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