Foundation Devices Raises $2 Million

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Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has raised $2 million in a seed round led by early-stage venture fund Bolt. Along with the round, Tyler Mincey, a partner at Bolt who previously worked at Apple, will join the Foundation board.

“Foundation is building the open hardware foundation for Bitcoin and a decentralized internet,” the manufacturer stated in the announcement. “We believe that a new internet, powered by open-source software, must run on open hardware. Our goal is to build a new category of sovereign computing to serve as an open platform for development of a decentralized internet.”


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