Tech Company Financing Transactions
Foundation Devices Funding Round
Polychain Capital, Bolt and Greenfield Capital Partners participated in a $7 million Seed funding round for Foundation Devices. The round was recorded on 12/19/2022.
Transaction Overview
Company Name
Announced On
12/19/2022
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funds to Open source hardware devices and the push for self-custody.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
6 Liberty Square #6018
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Undisclosed
Website
Email Address
Overview
Launched in April 2020, Foundation builds products that make Bitcoin and decentralized technologies accessible to everyone, enabling you to reclaim your digital sovereignty. The tech industry has evolved into a centralized, invasive, pro-censorship hellscape. We relinquish our digital freedom in exchange for convenience, forfeiting control of our personal data and our ability to transact freely and privately. But this wasn't always the case! There was a time when Apple pushed us to "think different," a time when Google lived by the mantra "don't be evil." As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, we build open source technology that "can't be evil," that preserves your freedom and privacy by default.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zach Herbert
Chief Technical Officer
Ken Carpenter
Co-Founder
Jacob Johnston
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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