TransSiP
Breaking Digital Limits With 2 Million Chips Sold
Overview
Raised: $664,963
Rolling Commitments ($USD)
08/05/2023
$3,518
213
2014
Business Services, Software, & Applications
Hardwaretech
B2B
Medium
High
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$437,012 |
$329,454 |
COGS |
$202,007 |
$159,853 |
Tax |
$1,154 |
$1,004 |
| ||
| ||
Net Income |
$105,999 |
$101,224 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$4,652 |
$110,196 |
Accounts Receivable |
$102,960 |
$9,315 |
Total Assets |
$214,660 |
$123,561 |
Short-Term Debt |
$9,939 |
$33,322 |
Long-Term Debt |
$137,222 |
$128,738 |
Total Liabilities |
$147,161 |
$162,060 |
Upgrade to gain access
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Founder Profile
TransSiP Founder Desmond Wong on Breaking Through Signal Noise
Computers and other electronic systems often encounter “signal noise” — unwanted interference that weakens a communications signal. Signal noise can make electronics more unstable and less energy-efficient.
TransSiP aims to solve this problem with its patented chipset, TransSiP PI. Its noise filtering capabilities make batteries last longer, speed up processing power, and allow for more accurate data. KingsCrowd interviewed TransSiP founder Desmond Wong to learn more about how the company acts as an accelerator to trillions of chips in the semiconductor industry.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.