Foundational Industries: Seed
Foundational Industries is building factories run end to end by software.
The business
Foundational Industries raised a $25 million seed round co-led by BoxGroup and Zigg Ventures, with Abstract, Adverb, Buckley and Offline Ventures participating. The financing backs US factory development, beginning with custom data-center rack enclosures for data-center developers, neocloud providers and chipmakers.