HomeFinTechFoundation Devices: Closes $7M Seed Funding

Foundation Devices: Closes $7M Seed Funding

Foundation Devices, a Boston, MA-based computing company that develops Bitcoin-centric tools, raised $7M in Seed funding
The round was led by Polychain Capital, with participation from Greenfield Capital, Lightning Ventures, Third Prime, Warburg Serres, Unpopular Ventures, and Bolt
The company intends to use the funds to continue expanding its engineering and design teams and building sovereignty products, with a short-term focus on software services
FoundationDevices builds products that make Bitcoin and decentralized technologies accessible to everyone, enabling users to reclaim their digital sovereignty
The flagship product, Passport, a Bitcoin hardware wallet, offers a combination of design, hardcore security, and a mobile-first approach with QR codes

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