Tamil Nadu-based manufacturing startup Frigate, has raised a seed round of USD 1.5 million led by Arali Ventures, with participation from Capital-A, Java Capital, and other angel investors.
This is Frigate’s second round of funding. In April 2022 the company had raised its pre-seed round of USD 185,000 through angel investors and founders. With the new round of funds, the Tiruchi-based firm will expand its digital manufacturing ecosystem to cater to its global customer base.
Founded in 2021 by Tamizhinian Vasanthan, Karthikeyan Prakash, Chandrasekar C, and Iniyavan Vasanthan, Frigate is a B2B cloud manufacturing platform that offers a comprehensive suite of manufacturing services to medium and large-scale companies globally. Frigate specialises in executing projects within the new energy and power, infrastructure and EV sectors, and automotive industries with a focus on heavy fabrication, sheet metal, castings, forgings, and injection molding.
