Bitfold

Bitfold

The only standalone

and most secure vault

for your digital assets and ID

About us

Our mission

We deliver the best in the world privacy-focused and security-oriented products to help our users navigate safely through digital world. We build Bitfold - first standalone private vault for all of digital assets and identity, based on our patented hardware technology.

Hardware + Software

We develop software, including our bespoke Linux-based operating system, in C and VHDL only. We design our hardware product on the industrial-grade equipment, including PXI, Automatic SMD Assembly Line and high-class oscilloscopes. Our R&D center is located in the very centre of Poland - City of Łódź.

Dream Team

We are extremely proud to work with world-class specialists in electronics, programming and cybersecurity, experienced in delivering sophisticated products for i.a. Tesla, BMW, Audi, J&J, European Space Agency, Carl-Zeiss, Thales ATM, Fraunhofer Institute and even advising to CERN, some for over 20 years. Therefore, we offer unique opportunity to learn from the best by working hand in hand with the most proficient people in the industry. We received over $5,37 million grant from NCBR and we have also raised over $3,2 million from early stage investors so far.

If you wish to learn more and receive regular updates on our project, please make sure to subscribe to our Newsletter.

It you want to work with us, please make sure to check our open positions here.

Our values

Trust

This is the foundation of all our values, that enables open communication and creativity. We assume positive intent of our teammates and partners. We are receptive to every feedback and learn from it to improve in the future.

Responsibility

We take our commitments extremely seriously, we are 100% determined to deliver! As soon as we face any risks, we communicate them openly.

Passion

We absolutely LOVE what we do. We are happy to dedicate our time, energy and creativity to every task we are engaged in.

Excellence

We create the best in the world, beautiful products, that empower end users to protect their digital possession and identity.

Expertise

We constantly improve our skills and knowledge. We work with professionals with best-in-class long-term experience in electronics, programming and cybersecurity. We learn from each other, we mentor and grow together.

Team

Kamil Gancarz

Author of the invention and hardware technology being the “heart” of Bitfold. He has 15 years of experience in finance. Well-recognized trainer and crypto expert, member of MENSA, Business and Financial Consultant, former trader, worked with multiple financial institutions worldwide.

Kamil Gancarz

Kamil Gancarz

Founder, Inventor, President of the Board

Jakub Żurawiński

Lawyer and seasoned entrepreneur with over 8 years of experience in international business. Responsible for investors relations, strategic planning and Bitfold’s partnerships worldwide. Privately, very passionate about new technologies, salsa dancing and kitesurfing.

Jakub Żurawiński

Jakub Żurawiński

Co-Founder
Head of Business Development

Tomasz Pochylski

Entrepreneur and manager. Over 25 years of experience in business operations and management at own businesses as well as in a team. Extensive leadership experience, strategic management and supervisory skills. Mathematician by education, enthusiastic about science.

Tomasz Pochylski

Tomasz Pochylski

Co-Founder, COO

Arkadiusz Śmigielski

Expert with 20 years of experience in the field of management, software and systems engineering, specialized in machine vision and image processing for industry, medicine and space. Entrepreneur focused on building modern companies with principles. University lecture in the field of electronics. NI Certified Professional Instructor.

Arkadiusz Śmigielski

Arkadiusz Śmigielski

CEO of Bitfold R&D

Katarzyna Pieniądz

Katarzyna has a multidisciplinary background - she is a savvy investor supporting blockchain and fintech startups, a health economics specialist, and - last but not least - has experience as a business journalist for the world’s leading media companies, like Reuters Agency and The Wall Street Journal.

Katarzyna Pieniądz

Katarzyna Pieniądz

Board Member

Dr. Katharina Lasota Heller

Kasia has a large international network among blockchain professionals. She is president of the Swiss-Polish Blockchain Association, a member of the regulatory working group and Head of the Data Protection and Blockchain Task Force of the Crypto Valley Association in Zug and former President of EDIMA (European Digital Media Association in Brussels). She has also contributed to several publications related to crypto assets in Switzerland. She is well known for her pragmatic approach to complex legal issues. Kasia is also an assistant professor at Kozminski University in Warsaw and serves as a Board Member in companies focused on technology.

Dr. Katharina Lasota Heller

Dr. Katharina Lasota Heller

Board Member, Attorney at Law Founding Partner at LEXcellence AG

Andrzej Czerwiński

Low-level programmer with over 20 years of experience. Author of the fastest software cash register system in the world and his own Linux distribution. One of the few Linux Kernel contributors worldwide.

Andrzej Czerwiński

Andrzej Czerwiński

CSO

Artur Chorążyczewski

Digital electronics specialist with over 22 years of experience, lecturer at the Wrocław University of Science and Technology. He has extensive practice in design and implementation of advance digital systems in various industry fields. Knowledge grounded by practice.

Artur Chorążyczewski

Artur Chorążyczewski

CTO

Rafał Kowalski

Electronic hardware engineer with over 9 years of experience. Designed first Bitfold's PCB. Working as a freelancer for several years allowed him to gain unique and wide experience by participating in unusual projects. Designed hardware for inter alia fintech sector, IoT, digital imaging, digital audio, industrial. Have lot of experience with design high speed, high density, multi layer circuits boards for embedded systems. Co-author of several scientific publications.

Rafał Kowalski

Rafał Kowalski

Senior Hardware Engineer

Mateusz Rudzki

At Bitfold engaged in everything related to software engineering. Areas he is dedicated to the most include Linux oriented open source software and embedded systems. His professional goal is to preserve engineering culture at its best and cultivate the spirit of discovery both in himself and in the others.

Mateusz Rudzki

Mateusz Rudzki

Software Engineer

Michał Piorun

Engineer with over thirteen years of extensive experience in design, development, implementation, and support of IT solutions for international companies that mainly aim at the Financial Services sector. He is results-driven Technical Architect with skills and passion focused at developing the most innovative hot market solutions based on Embedded Architecture, IoT Technology with a hint of mechanics.

Michał Piorun

Michał Piorun

Software Engineer

Katarzyna Jastrzębska

Expert with over 12 years of experience in R&D project settlement. Has an extensive business knowledge of various sectors. Privately, keen caver, climber and student of Psychotherapy and Personality Development.

Katarzyna Jastrzębska

Katarzyna Jastrzębska

Project Settlement Specialist

Marcin Chojnacki

Hardware developer with over 9 years experience in building electro-surgery, electro-mobility and custom solutions. Engineer with deep knowledge of CAD/EDA tools, FPGA, image processing, PCB design, product development process and project leading.

Marcin Chojnacki

Marcin Chojnacki

Hardware Engineer

Agnieszka Sadowska

For the last 5 years, she has held the position of a sales manager in the trade industry dealing with wholesale and retail sales. At Bitfold, she is responsible for documentation and project settlement on a daily basis. She supports the team with her commitment, high energy and positive attitude.

Agnieszka Sadowska

Agnieszka Sadowska

Support Specialist

Krzysztof Gancarz

Low-level programmer. Self-taught person for whom programming is a real passion. He has been developing in this area for several years and intends to broaden his skills with electronics. He studies physics at FTIMS, Łódź University of Technology. In his free time, he plays tennis, learns playing musical instruments, and explores the gaming industry.

Krzysztof Gancarz

Krzysztof Gancarz

Software Engineer

Jan Cybulski

His professional interests focus mainly on programming embedded and Linux systems. He participated in several projects in these areas. In his daily work he tries to be an indefatigable advocate of good quality of code achieved by process of peer code review and automation of development process.

Jan Cybulski

Jan Cybulski

Software Engineer

Tomasz Wolski

Engineer with many years of hands-on experience in software development as well as in Linux administration gained in various challenging projects. Enthusiast of Linux, Open Source and blockchain technology. Privately, interested in new technologies, embedded systems and football.

Tomasz Wolski

Tomasz Wolski

Software Engineer

Agnieszka Kożańska

Support specialist with 15 years of experience in both private and public sector, as well as in NGOs. Gained skills in project management, event organizing, teamwork, marketing communication, content management, web designing and also journalism. Involved in creating the startup ecosystem and supporting local businesses in the Łódź region. Privately, a fan of black metal music and a mother of three.

Agnieszka Kożańska

Agnieszka Kożańska

Support Specialist

Natalia Ciołek

Holding administrative positions in various industries continuously since 2012. She gained experience in the training sector, a law firm, an international corporation, the beauty industry and abroad in a large transport company. She deals with administration management, proper circulation of documents and the organization of current affairs. Communicative, energetic, multitasking, committed. Cares for a good atmosphere in the company.

Natalia Ciołek

Natalia Ciołek

Office Manager

Rafał Kiełbus

Top Blockchain technology expert, specialized in technical aspects of digital currencies, smart contracts (creation and audit), Lightning Network and wallets security. Bitcoin Core contributor. Member of the board of the Blockchain and New Technologies Chamber of Commerce.

Rafał Kiełbus

Rafał Kiełbus

Head of Blockchain

Jakub Balcerak

Graduate of Electronics at the Łódź University of Technology. Responsible for designing Bitfold PCB and simulating particular circuits, as well as product development and improvement. At work he focuses on broadening his knowledge and skills. His hobby: analogue electronics, games, and physics.

Jakub Balcerak

Jakub Balcerak

Hardware Engineer

Mateusz Andruszkiewicz

A physicist by education, he has extensive experience in LabVIEW software programming and high-performance PXI systems. Engineer with knowledge of creating and designing PCBs. Wide practice in digital/analog signal processing.

Mateusz Andruszkiewicz

Mateusz Andruszkiewicz

Hardware Engineer

Radosław Szczygieł

Expert in the field of fiscal systems and electronics with over 25 years of experience. He managed dozen mass-produced device development projects, such as cash registers.

Radosław Szczygieł

Radosław Szczygieł

Hardware Architect

Piotr Jabłoński

Supporting activities in the field of enterprise security policy as well as mitigating the risks of internal malfeasance. Coordinator of intelligence activities, creation and implementation of internal procedures in order to protect the client legal interest. Until 2020 in charge of supervising the operation & investigation units together with analytical & IT divisions reporting to him within the governmental structures.

Piotr Jabłoński

Piotr Jabłoński

Expert & Consultant in Corporate
Security and Compliance

Dominika Wesołowska-Kowalewska

Dominika practises corporate law and has extensive experience in the establishment and day-to-day legal affairs of companies, including drafting and advising on various types of contracts (service contracts, cooperation and multilateral investment agreements) and corporate documents. She takes part in transactions involving purchase and sale of shares, corporate restructuring, and liquidation. She participates in all forms of M&A transactions and conducts due diligence reviews. She also handles issues of the law of capital markets, securities, and financial institutions, represents clients before civil and commercial courts.

Dominika Wesołowska-Kowalewska

Dominika Wesołowska-Kowalewska

Head of Legal Attorney-at-law, Economist

Maciej Wiązowski

Expert in computer graphics and website designing with over 20 years of experience. He has cooperated with and created for example for Larsson, Łączpol, L&L and Posbit.

Maciej Wiązowski

Maciej Wiązowski

Graphic Designer

Arkadiusz Lubaszka

A specialist of electronics by education, a low-level programmer by passion. For many years, he implemented and supervised the processes of handling consumer complaints in the commercial industry. Personally, an enthusiast of 8-bit microcomputers and a game developer. He vigorously operates in a retro environment, where he encourages others to return to the roots of home computers. He brings calm and composure to the team.

Arkadiusz Lubaszka

Arkadiusz Lubaszka

Programmer

Malgorzata Czernecka

Business psychologist, coach, manager. Specialist in leaders and employee’s energy management, mental resilience and mental health. The founder of Human Power. Creates and supports the implementation of long-term wellbeing strategies aimed at optimizing work style and increasing productivity in large companies.

Malgorzata Czernecka

Malgorzata Czernecka

Advisor

Krzysztof Karolczak

Krzysztof is an entrepreneur and manager with passion for technology and 10+ years of experience. Founder and Head of Growth in Inwedo - a software house in the heart of Poland, delivering software solutions that help thousands of people in their daily work. Advisor, co-founder or investor in projects such as zbiletem.pl, HelloHere.com or Timble.us.

Krzysztof Karolczak

Krzysztof Karolczak

Advisor

Maksymilian Mencel

Advisor with many years of experience in various areas of software and website development. Operational involvement in FinTech startups in Switzerland, Poland and Liechtenstein with a special focus on sustainable growth and system security. Despite complex technologies, fierce advocate of the concept that the product should be as simple and clear as possible and as professional as necessary for the customer. Background in computer science from the TU Munich and founded his first company in web development in his early twenties.

Maksymilian Mencel

Maksymilian Mencel

Advisor

Partners
  • Digitize
  • Lexcellence
  • Swiss Polish Blockchain
  • EU Patent
  • Crido
  • 1925
  • Blockrocket
  • Agencja Face It
  • Crypto Country
  • Emprise
  • Towarzystwa Biznesowe
  • Pracownia Synergii
Road map
2017
2017

Inception

Kamil’s idea about new security technology and product, incorporation of Blockchain Development Foundation.

First steps

Pre-seed capital in the amount of USD 424 k, EU patent submissions.

2018 - 2019
2018
2020
2020 - 2021

Full steam ahead

Seed capital in the amount of USD 3,1 million, NCBR grant in the amount of USD 5,6 million, Dream Team recruited, EU patent granted, Bitfold AG in Switzerland established.

Development

MVP ready, US patent granted, Angels 2# funding round, company expansion, crypto fund.

2022
2022
2023
2023

Strategic partnerships

Key partnerships established, worldwide marketing strategy implementation, product development - Applications Marketplace and SDK.

Launch & STO

Market ready product, Security token offering, Hacking contest.

2024
2024
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