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Hardware wallet manufacturer Foundation closes $6.4 million funding round, led by Fulgur Ventures

2026-05-21 13:05

Odaily reports that Bitcoin hardware wallet manufacturer Foundation has announced the completion of a new $6.4 million funding round, led by Fulgur Ventures, with participation from Arche Capital. The cumulative funding scale has reached $16.5 million after this round. The funds will be used to drive its business expansion from Bitcoin self-custody hardware wallets to a broader digital security infrastructure covering identity verification, multi-factor authentication, and AI agent authorization. Foundation is extending its "self-custody and hardware trust model" to more complex smart agent and digital identity scenarios. (The Block)