# Xiphera

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

- Industry: IT Security/Cybersecurity
- Headquarters: Espoo, Finland
- Website: www.xiphera.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Jun 29, 2022)
- Investors on record: 3

## About

Based in Espoo, Finland, founded in 2017 by CEO Matti Tommiska and CTO Kimmo Jarvinen, Xiphera Ltd, a.k.a. Xiphera designs hardware-security solutions using cryptographic algorithms to protect critical systems. In June 2022, Xiphera Ltd raised EUR 0.48 million in seed funding led by Gorilla Capital, with participation from Aakkoset Oy, Korpun Siemen, and individual investors.

Xiphera’s product line includes secure and efficient cryptographic intellectual property (IP) cores, designed for field programmable gate arrays (FPGAs) and application-specific integrated circuits (ASICs) to offer performance advantages combined with first-grade security. The company’s products are categorized into Crypto Cores and Crypto Solutions. Crypto Cores comprise of secure and efficient IP cores for specific cryptographic algorithms, such as block ciphers, cryptographic hash functions, and a true random number generator. Crypto Solutions are pre-packaged IP core solutions for entire cryptographic protocols, allowing its clients to protect their critical embedded systems with high-security cryptographic solutions. In addition, the firm offers personalized cryptography training, non-cryptographic design services, and consulting services. 

Xiphera plans to use its proceeds from September 2022 funding for international expansion and business growth.

## Funding rounds

- Seed, Jun 29, 2022, $0.5M — Gorilla Capital, Ääkköset Oy, Korpun Siemen

## Investors

- Gorilla Capital (https://capitalatlas.ai/funds/gorilla-capital) — Seed
- Ääkköset Oy (https://capitalatlas.ai/funds/aakkoset-oy) — Seed
- Korpun Siemen (https://capitalatlas.ai/funds/korpun-siemen) — Seed