Radical Semiconductor
Develops customizable hardware wallets for cryptocurrency
About Radical Semiconductor
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. Users can customize the LiteCard by printing unique graphics on its surface, making it both secure and personalized. Unlike many competitors, Radical Semiconductor focuses on combining high security with user-friendly design, making their products accessible to everyday users. The company's goal is to integrate advanced cryptographic technology into easy-to-use hardware, allowing a broader audience to benefit from secure cryptocurrency transactions.
Pasadena, CaliforniaHeadquarters
2019Year Founded
$4.8MTotal Funding
EARLY_VCCompany Stage
Hardware, Crypto & Web3Industries
1-10Employees
Benefits
Health, vision, and dental
Competitive salaries and compensation packages
Free snacks & drinks in our office!
Risks
Loss of autonomy due to BTQ Technologies' acquisition may affect product direction.
Brand identity might dilute as products integrate into BTQ's portfolio.
Key personnel may leave post-acquisition, impacting innovation and development.
Differentiation
Radical Semiconductor offers customizable hardware wallets with advanced cryptographic security.
LiteCard combines crypto wallet, membership card, gift card, and event pass functionalities.
The company focuses on making cryptographic technology accessible through user-friendly hardware.
Upsides
Growing interest in post-quantum cryptography boosts demand for Radical's secure solutions.
The rise of DeFi platforms increases the need for secure, customizable crypto wallets.
BTQ Technologies' acquisition provides resources to accelerate product development and distribution.
Funding
Total raised$4.80 M
Latest valuation$19.00 M
StageEARLY_VC
EARLY VC
1/31/2023$4
$19.00 M