Hardware Battlefield Finalist CubeSensors Raises A $700,000 Seed Round In Bitcoin

Bitcoins are everywhere these days! CubeSensors, a Slovenian hardware startup that is making mini environmental sensors for homes, has just received a $700,000 seed round from the founders of BTC payments platform, Bitstamp. The cash came in the form of crypto currency.

In addition to the funding, the company is also selling their Cubes for bitcoin in addition to fiat currency, which is a fun first for the Slovenian region. The cubes are currently sold out but they’re using the investment to fund a next round of manufacturing.

The Bitstamp founders, Nejc Kodrič and Damijan Merlak, founded their company in Slovenia but the company is now based in the UK.

CubeSensors bootstrapped for two years and sold out of their device after launching a few months ago. The device appeared at TechCrunch’s Hardware Battlefield last January. This looks to be one of the first bitcoin investments in a known startup and it’s interesting that these two Slovenian companies have teamed up to pull together some solid funding – and spread the BTC love.