In this in-depth conversation with Zach Herbert, Co-Founder and CEO of Foundation Devices, we explore the company's ambitious leap beyond Bitcoin hardware wallets with the launch of Passport Prime—a first-of-its-kind open-source personal security platform. Zach breaks down their new secure OS (KOS), the bold Bluetooth architecture (Quantum Link), a thriving developer ecosystem, and how Foundation is challenging industry giants like Ledger. We also touch on their subscription model, U.S.-based manufacturing strategy, Cake Wallet partnership, and roadmap to profitability. If you're a builder, investor, or privacy advocate, this is a must-watch.Interview breakdown:- Foundation Devices launches Passport Prime with major design upgrades.- Introducing Quantum Link for secure Bluetooth communication.- The new device includes 64GB storage and supports files, seeds, and 2FA.- Foundation creates KOS, a new open-source OS built for hardware security.- Third-party apps will be supported through an open developer SDK.- Cake Wallet becomes the first external app to integrate with Passport.- Foundation plans to launch a $5/month encrypted backup service.- Envoy mobile app will soon support Lightning.- Foundation is targeting profitability in Q3 2025.- Company raised $7M previously and is now raising a $2.5–3M extension.- Over half the current round is already committed, led by Arch Capital.- Foundation critiques Ledger’s UX and security model.- Foundation booth at Bitcoin 2025 conference featuring Passport Prime. ---------------------------------------------------------------------Want to get started investing in #Bitcoin startups? Fill out this form, and we'll get you started 👉 https://ltng.ventures/investors#investor-contactAlready angel investing? Join our syndicate to learn about #angelinvesting, #bitcoin companies, #lightningnetwork projects, support amazing founders, and invest in #bitcoin startups: https://angel.co/s/lightningventures/ld5f4Not an accredited investor? No problem, check out Thunder Funder where almost anyone can invest in #Bitcoin and #opensource companies 👇https://www.ThunderFunder.com Need more info on all this rad stuff? We got you!Learn about Lightning⚡️Ventures 🎸https://www.ltng.venturesLearn More About Foundation Devices 📡 https://foundation.xyz/Follow Lightning⚡️Ventures 🎸https://www.x.com/LTNGVenturesFollow Foundation Devices:https://x.com/FOUNDATIONdvcs/Follow Mike Jarmuz @mikejarmuz 🤘🏼 https://www.x.com/MikeJarmuzJoin our Lightning⚡️Ventures Telegram Channel and hang with us 🤙 https://t.me/+kDv7VYEO2fAxYmFhEarn Bitcoin Streaming Podcasts on Fountain https://fountain.fm/show/zh5K7JF2ObMmzyfzGO0tSubscribe to our audio-only podcasts below.https://podcasts.apple.com/us/podcast/lightning-ventures-investing-in-bitcoin-companies/id1615934125Give Us a Thumbs Up 👍 if You Enjoyed This Video!
