Bitcoin hardware wallet developer Foundation Devices completes $7 million financing, led by Polychain Capital
ChainCatcher news, Bitcoin tool developer Foundation Devices announced the completion of a $7 million seed round financing, led by Polychain Capital, with participation from Greenfield Capital, Lightning Ventures, Third Prime, Warburg Serres, Unpopular Ventures, and Bolt. Foundation Devices will use the funding to continue expanding its engineering and design teams and building products, with a recent focus on software services.
Previously, Foundation Devices announced the launch of the Bitcoin hardware wallet Passport in July 2020. It is reported that Foundation Devices was founded by former COO of the decentralized storage project Sia, Zach Herbert. (CoinDesk)
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