Foundation

About

Foundation builds Bitcoin-centric tools that empower you to reclaim your sovereignty.

Boston,Massachusetts,United States
1 - 10
https://foundationdevices.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $7M
Industries: Bitcoin,Cryptocurrency,Hardware,Open Source
Founded date: Apr 1, 2020
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Foundation Devices, Inc.
Also Known As: Foundation

Foundation Devices builds the open hardware foundation for Bitcoin and the sovereign Internet.

They started Foundation Devices to make beautifully designed, open-source hardware for Bitcoin and the decentralized Internet. To bring great design and UX to hardware wallets, nodes, and more. To empower individuals to securely use and store Bitcoin while maintaining their sovereignty. To help our industry cross the chasm while staying true to its founding ideals. We call this open hardware. And we are excited to bring it to the world!

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$10.16M

Foundation has raised a total of $10.16M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2022 from a Seed round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 19, 2022	Seed	$7M	7	Polychain	—	Detail
Jun 10, 2021	Pre-seed	$2.50M	9	Bolt	—	Detail
Sep 9, 2020	Angel	$665K	9	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

18

Foundation is funded by 18 investors. Polychain and Bolt are the most recent investors.

Investor Name	Lead Investor	Funding Round
Polychain	Yes	Seed
Bolt	—	Seed
Greenfield	—	Seed
Lightning Ventures	—	Seed
Third Prime	—	Seed
Unpopular Ventures	—	Seed
Warburg Serres Investments	—	Seed
Deep Ventures	—	Pre-seed
Fulgur Ventures	—	Pre-seed
Inflection	—	Pre-seed