Hardware Wallet Developer Foundation Devices Raises $7M in Seed Round Led by Polychain Capital

Hardware wallet developer Foundation Devices announced it has raised $7m in a seed round led by Polychain Capital, with participation from Greenfield Capital, Lightning Ventures, Third Prime and others. The fund will be used to expand its engineering and design teams and build products.

The core products of Foundation Devices include hardware wallet Passport and mobile app Envoy, which is a mobile wallet that helps users set up, maintain and interact with their Passport wallet.