Bitcoin hardware wallet maker Foundation Devices raises $7M
Bitcoin hardware wallet maker Foundation Devices raises $7M - SiliconANGLE
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Bitcoin hardware wallet maker Foundation Devices raises $7M - SiliconANGLE
Foundation Devices announced it has raised a $7 million seed round to double down on its "sovereign computing platform."
The startup raised $5.2m in seed funding last January.
Months after foodtech Kune shut down for similar reasons, another Kenyan startup, Sky.Garden, is facing closure. In termination letters to employees, the CEO revealed that the company was running out of money & would close down in October.
The exchange's announcement of its latest capital raise comes just over a year after it raised $15 million from its Series A funding round.