X-Silicon

X-Silicon

Open  for investment

About this raise: X-Silicon, with a valuation of $15.91 million, is raising funds on StartEngine. The company is developing a graphics silicon and software IP platform to advance AI applications on mobile, wearable, edge, and IoT devices. X-Silicon’s scalable and low-power AI compute-graphics silicon IP platform will offer opportunities for innovative applications and monetization and provide human-like intelligence. The company is led by an experienced team and has received interest from several large global technology companies. Dan Nilsson and Steven Turner founded X-Silicon in March 2022. The current crowdfunding campaign has a minimum target of $123,997.75 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, marketing, and legal fees.

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Investment Overview

Committed this round: $10,641

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/04/2024
Close Date
03/03/2025
Min. Goal
$123,998
Max. Goal
$1,234,998
Min. Investment

$498

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.35

Pre-Money Valuation

$15,907,573

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Carlsbad, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
10
Prior Founder Exits?
Yes
Founder Name
Dan Nilsson
Title
CEO, Chairman of the Board
Founder Name
Steven Turner
Title
VP Strategy

Financials

as of October 1, 2024
 Revenue
$0
 Monthly Burn
$54,661
 Runway
0.1 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-655,932

$-203,491

Summary Balance Sheet

FY 2023 FY 2022

Cash

$8,689

$416,956

Accounts Receivable

$0

$0

Total Assets

$13,689

$423,956

Short-Term Debt

$294,071

$57,427

Long-Term Debt

$0

$0

Total Liabilities

$294,071

$57,427

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$570,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/03/2025 StartEngine $15,907,573 $10,641 Equity - Common Active RegCF
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Add to portfolio
X-Silicon on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $15,907,573
Price per Share: $2.35

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Follow X-Silicon on StartEngine 2024

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