Tropic Square logo — Security through Open Hardware.
Transparent and Auditable Se...

Tropic Square

Security through Open Hardware. Transparent and Auditable Secure Elements.

Founded 2020 Czech Republic Czech Republic 20 employees Seed Total: $4.00M Manufacturing, Semiconductor

General Information

Company Name Tropic Square
Founded Year 2020
Location Czech Republic Czech Republic +1
Employees 20
Industries Manufacturing, Semiconductor
Funding Stage Seed
Social

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About Tropic Square

Tropic Square is a fabless chip company founded in 2020 and based in the Czech Republic, specializing in the development of transparent and auditable secure chip solutions. The company's flagship product, TROPIC01, serves as an open architecture-based secure element, offering an alternative to traditional closed and black boxed solutions. This product caters to the security demands of IoT devices, crypto hardware wallets, M2M payments, and hardware authenticators, providing electronic manufacturers and designers with the ability to verify security implementation claims while maintaining greater control in the design process and without being hindered by NDAs.

Being a subsidiary of SatoshiLabs, the company behind the launch of Trezor, the world's first hardware wallet, Tropic Square has solid industry backing. In March 2021, the company secured a significant €4.00M investment in its Seed Round from Auzera, underscoring investor confidence in its innovative approach to hardware security.

With its emphasis on transparency and openness in a traditionally closed industry, Tropic Square presents an intriguing opportunity for investors looking to capitalize on the evolving landscape of hardware security solutions.

Taxonomy: Chip Design, Secure Element, IoT Security, Hardware Wallets, M2M Payments, Hardware Authenticators, Open-Architecture Chips, Fabless Chip Design, Cryptographic Solutions, ASIC Design, Transparent Security, Auditable Chip Solutions, Firmware Security, NDAs, SatoshiLabs

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1 •••• •••• 22 Mar 2021

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FAQ About Tropic Square

Security through Open Hardware. Transparent and Auditable Secure Elements.
Tropic Square was founded in 2020.
Tropic Square is headquartered in Czech Republic.
Tropic Square operates in the following industries: Manufacturing, Semiconductor.
Tropic Square has approximately 20 employees.
Tropic Square has completed 1 funding round, raising a total of $4.00M. The latest funding stage is Seed.
Top alternatives and competitors to Tropic Square include HENSOLDT Cyber GmbH, chrysalis its, Netgate, SatoshiLabs, Envieta Systems LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Tropic Square and HENSOLDT Cyber GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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