Exhibit 21.1 Subsidiaries of SEALSemi Corp.

The following is a list of companies that will form part of the SEAL group as of the date of the prospectus:

Group Company Name	Country of incorporation	Year of incorporation		Share Capital		% ownership		Nature of business
SEALSemi Corp.	British Virgin Islands		2022		USD  300,000		n/a	Investment and Holding Company
WISeKey Semiconductors SAS	France		2010		EUR 1,473,162		100.0%	Chip manufacturing, sales & distribution
WISeKey IoT Japan KK	Japan		2017		JPY 1,000,000		100.0%	Sales & distribution
WISeKey IoT Taiwan	Taiwan		2017		TWD  100,000		100.0%	Sales & distribution

The following diagram sets out the group structure as of the date of this prospectus: