Foundation, a U.S.-based hardware security startup, has raised $6.4 million led by Fulgur Ventures with participation from Arche Capital, bringing total funding to $16.5 million as it expands from Bitcoin self-custody into BIOMETRICS, IDV, and AI agent authorization. Its Passport Prime device, marketed as “Human Authority Hardware,” combines a Bitcoin hardware wallet, FIDO security keys, 2FA storage, and a secrets vault running on KeyOS, a Rust-based microkernel with post-quantum-secure Bluetooth. Strategically, Foundation is positioning dedicated hardware as the trust layer for AI agent authorization, arguing that the question of who approves high-stakes AI actions cannot be answered by the same computer running the agent.
Foundation Pushes Beyond Bitcoin Into Identity, AI Authorization With $6.4M Raise