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.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | €4.00M | 1 | Auzera | 22 Mar 2021 |
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