# Frenetic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/frenetic

- Industry: Electronics
- Headquarters: Madrid, Spain
- Website: www.frenetic.ai
- Total disclosed funding: $12M
- Latest round: Series A (Nov 7, 2023)
- Investors on record: 6

## About

Based in Madrid, Spain, SP Control Technologies specializes in magnetic design solutions through advanced simulation tools. Their innovative software streamlines the design process for electrical engineers across various industries, enhancing precision and efficiency in electronic design.Founded in 2015, SP Control Technologies focuses on providing advanced magnetic design solutions. The company has successfully completed 4 deals, with the most recent funding round being a Series A in November 2023, where they raised EUR 11.2 million, led by Kibo Ventures. The founder, Alfonso De La Torre, has a background that supports the company's mission, while Chema Molina and Jose García play key roles in leadership. The headquarters is located in Madrid, Spain.SP Control Technologies offers advanced magnetic design solutions through its flagship product, the Frenetic Magnetic Simulator, and its AI-driven tool, Frenetic AI. These tools allow electrical engineers to efficiently transition from converter specifications to magnetic design decisions, facilitating the design process for various power topologies including Flyback, Full-Bridge, and Buck converters. Their products deliver high-precision simulations and customizable outputs, enabling users to select optimal core and winding configurations for their specific needs. The company serves diverse clients in sectors such as aerospace, automotive, electric vehicle manufacturing, and medical devices, providing solutions that enhance electronic design precision and functionality.For the year 2023, SP Control Technologies reported a revenue of EUR 1,201,360.50 with an EBITDA of EUR -1,778,159.60. The company generates revenue through a subscription-based model for its Magnetic Simulator and AI tools, facilitating direct transactions with clients in the electronics sector. Their pricing plans are designed to accommodate various client needs, allowing for flexible engagement options and enhancing user engagement with their innovative design tools.Following the Series A funding round in November 2023, SP Control Technologies plans to utilize the raised EUR 11.2 million to support a new manufacturing project and establish an office aimed at expanding operations into the US market. They are currently developing new products and are focused on reaching additional geographic regions, specifically targeting the US by the end of 2024.

## Funding rounds

- Series A, Nov 7, 2023, $12M — Kibo Ventures, Big Sur Ventures, Join Capital, 42Cap, Bankinter Capital Riesgo, Bonsai Partners

## Investors

- Kibo Ventures (https://capitalatlas.ai/funds/kibo-ventures) — Series A
- Big Sur Ventures (https://capitalatlas.ai/funds/big-sur-ventures) — Series A
- Join Capital — Series A
- 42Cap (https://capitalatlas.ai/funds/42cap) — Series A
- Bankinter Capital Riesgo — Series A
- Bonsai Partners (https://capitalatlas.ai/funds/bonsai-partners) — Series A