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Foundation Raises $6.4 million in Fulgur-led Round to Launch Passport Prime, a ‘Human Authority’ Device to Keep AI Agents in Check

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Micah Zimmerman.

Foundation raised $6.4 million in a Fulgur Ventures–led round to launch Passport Prime and expand from Bitcoin custody into AI-era identity, authentication, and agent authorization.

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Summary

Foundation has raised $6.4 million in a funding round led by Fulgur Ventures as it launches Passport Prime, a new hardware device designed to secure digital actions in an era of AI-driven automation. The Boston-based company said the round included participation from Arche Capital and brings its total funding to $16.5 million, according to a note shared with Bitcoin Magazine. The capital will support expansion beyond Bitcoin self-custody into identity management, multi-factor authentication, and authorization systems for AI agents. The launch reflects a shift in security concerns as AI agents gain the ability to execute tasks across financial accounts, cloud systems, and enterprise tools.

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