Radical Semiconductor

Radical Semiconductor

Develops customizable hardware wallets for cryptocurrency

About Radical Semiconductor

Simplify's Rating
Why Radical Semiconductor is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Hardware

Crypto & Web3

Company Size

1-10

Company Stage

Early VC

Total Funding

$4.9M

Headquarters

Pasadena, California

Founded

2019

Overview

Radical Semiconductor develops advanced hardware wallets specifically for the cryptocurrency market. Their main product, LiteCard, is a versatile device that functions as a crypto wallet, membership card, gift card, and event pass, allowing users to customize its appearance with unique graphics. This customization sets Radical Semiconductor apart from competitors, as it caters to both individual users and businesses looking for branded solutions. The company focuses on making cryptographic technology accessible and user-friendly, with a team of experts in various fields working to create efficient security solutions in a smartcard format. Their goal is to enhance the user experience in the growing cryptocurrency market by providing secure and multifunctional wallets.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Growing interest in post-quantum cryptography boosts demand for Radical's secure hardware.
  • BTQ Technologies' acquisition provides resources to accelerate product development and distribution.
  • The multifunctionality of LiteCard aligns with consumer demand for versatile tech solutions.

What critics are saying

  • BTQ Technologies' acquisition may shift priorities, sidelining Radical's original product vision.
  • Integration with BTQ could cause operational disruptions, affecting team morale and productivity.
  • Focus on post-quantum tech might divert resources from LiteCard, delaying its market entry.

What makes Radical Semiconductor unique

  • Radical Semiconductor offers customizable hardware wallets, a unique feature in the crypto market.
  • Their LiteCard product combines crypto wallet, membership card, and event pass functionalities.
  • The company's focus on analog cryptographic IDs addresses quantum and physically invasive attack threats.

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Funding

Total Funding

$4.9M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health, vision, and dental

Competitive salaries and compensation packages

Free snacks & drinks in our office!

Company News

Stock Titan
Dec 16th, 2024
BTQ Technologies Strengthens Quantum Security Leadership

BTQ Technologies has appointed Sean Hackett and Zach Belateche, co-founders of Radical Semiconductor, as advisors, and Anne Reinders as Head of Cryptography, following its acquisition of Radical Semiconductor. This move aims to accelerate the commercialization of post-quantum semiconductor technologies. Additionally, Lionel de Saint-Exupéry joins as Senior Advisor to guide capital markets and corporate growth initiatives.

PR Newswire
Oct 16th, 2024
BTQ Technologies Provides Corporate Update: Appoints Hunter Scharfe as Senior Advisor, Among Other Strategic Developments

BTQ Technologies acquired the assets of Radical Semiconductor Inc., a leader in cryptographic accelerators, including its innovative CASH architecture that uses processing-in-memory technology for secure, agile, and reconfigurable cryptographic solutions.

Daily Security
Oct 2nd, 2024
BTQ, 실리콘밸리 보안 스타트업 ‘래디컬 세미컨덕터’ 인수… 퀀텀 암호화 기술 강화

글로벌 퀀텀 보안 기업 BTQ 테크놀로지스(BTQ Technologies Corp., 이하 BTQ)가 실리콘밸리의 하드웨어 보안 스타트업인 래디컬 세미컨덕터(Radical Semiconductor)를 인수했다고 2일 발표했다. 이번 인수로 BTQ는 양자 컴퓨팅 시대를 대비한 차세대 암호화 기술을 확보하게 됨에 따라 글로벌 퀀텀 보안 시장에서의 경쟁력을 강화할 전망이다.BTQ는 캐나다, 독일, 미국 증시에 상장된 기업으로, 네트워크 보호 및 양자 보안 솔루션을 개발하는 데 주력하고 있다. 이번 인수를 통해 BTQ는 소프트웨어부터 하드

VentureSquare
Oct 2nd, 2024
BTQ Acquires Radical Semiconductor for $5M

BTQ Technologies Corp. (BTQ) announced the acquisition of Silicon Valley-based hardware security startup Radical Semiconductor. BTQ, listed on Canadian, German, and US stock exchanges, aims to enhance its quantum-era cybersecurity solutions with Radical's innovative CASH (Cryptographic Accelerator with Secure Hardware) architecture. Radical, founded by Stanford alumni, secured $5 million in seed funding. This acquisition is expected to accelerate BTQ's roadmap and improve its quantum security capabilities.

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