Espressif

Shanghai, China Founded: 2007 • Age: 19 yrs
Provides wireless SOCs for Wi-Fi and Bluetooth in IOT Applications
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About Espressif

Espressif is a company based in Shanghai (China) founded in 2007 by Swee-Ann Teo.. Espressif has raised $3.3 million across 2 funding rounds from investors including BOE Technology Group, Intel Education Accelerator and Eastgate Technology. The company has 91 employees as of April 03, 2024. Espressif operates in a competitive market with competitors including Rambus, InvenSense, Everactive, Unisoc and Ambiq, among others.

  • Headquarter Shanghai, China
  • Employees 91 as on 03 Apr, 2024
  • Founders Swee-Ann Teo
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Espressif Systems (India) Private Limited
  • Date of Incorporation 10 Jan, 2018
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $6.43 M (USD)
    76.18
    as on Mar 31, 2023
  • Net Profit
    $657.7 K (USD)
    53.88
    as on Mar 31, 2023
  • EBITDA
    $1.09 M (USD)
    134.41
    as on Mar 31, 2023
  • Total Equity Funding
    $3.3 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    91

    as on Apr 03, 2024

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Funding Insights of Espressif

Espressif has successfully raised a total of $3.3M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (10 Dec 2012)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Series A - Espressif Valuation BOE Technology Group , Intel Education Accelerator
Dec, 2012 Amount Series A - Espressif Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Espressif

Espressif has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BOE Technology Group, Intel Education Accelerator and Eastgate Technology. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Education startups are funded and mentored by Intel-backed accelerator.
Founded Year Domain Location
Manufacturer of diversified displays
Founded Year Domain Location
Produces high-quality CDs, ROMs, and DVDs for various applications.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Espressif

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Espressif

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Espressif Comparisons

Employees
+
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Competitors of Espressif

Espressif operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rambus, InvenSense, Everactive, Unisoc and Ambiq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based silicon IP and chip solutions are developed and licensed.
domain founded_year HQ Location
MotionTracking sensor system on chips with integrated motion and sound solutions
domain founded_year HQ Location
IoT-based energy harvesting solutions for enterprises are provided.
domain founded_year HQ Location
SoCs for mobile communication and IoT applications are provided.
domain founded_year HQ Location
AI-based system-on-chips for IoT applications are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Espressif

Frequently Asked Questions about Espressif

When was Espressif founded?

Espressif was founded in 2007 and raised its 1st funding round 5 years after it was founded.

Where is Espressif located?

Espressif is headquartered in Shanghai, China.

Who is the current CEO of Espressif?

Swee-Ann Teo is the current CEO of Espressif. They have also founded this company.

Is Espressif a funded company?

Espressif is a funded company, having raised a total of $3.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.3M, raised on Dec 10, 2012.

How many employees does Espressif have?

As of Apr 03, 2024, the latest employee count at Espressif is 91.

What is the annual revenue of Espressif?

Annual revenue of Espressif is $6.43M as on Mar 31, 2023.

What does Espressif do?

Expressif is a fabless semiconductor provider for a wireless system on chip to be used for WiFi and Bluetooth in IOT Applications. provides 802.11x chipset which integrates all RF components of the system on a single silicon chip. Its products find applications in areas like mobile devices, home appliances, and industrial applications. It also provides ESP IOT platform. It offers Non-pollution of Airtime through its properly matched antenna and regulated power source with very low spurious spectral emissions. Its services include downloadable SDKs, APKs, development zone communities, etc.

Who are the top competitors of Espressif?

Espressif's top competitors include Rambus, Unisoc and Ambiq.

Who are Espressif's investors?

Espressif has 3 investors. Key investors include BOE Technology Group, Intel Education Accelerator, and Eastgate Technology.

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