The pre-seed funding round was led by BlueYard Capital. Other participants included OVNI Capital, Antler, S20, Script Capital, and several business angels from General Intuition and other tech firms. The startup was established by Michiel Voortman, Laurentiu Ciobanu, and Hidde Kehrer.

Boxd develops cloud infrastructure designed for developers and AI coding agents. The platform provides virtual machines that allow for code execution, testing, and workflow management. The system is built to support the high demand of agents that operate in parallel and require dedicated, long-running environments.

The platform features snapshotting and live-forking capabilities, allowing users to create copies of running machines, including memory and active connections, in under 100 milliseconds. This enables parallel testing of solutions without the need for manual configuration of separate environments.

The company utilizes a simplified virtualization architecture that focuses on CPU, RAM, storage, and networking. By excluding emulation for hardware like webcams or USB ports, Boxd aims to reduce the software attack surface and mitigate security risks associated with autonomous agents.

The startup plans to allocate the $2 million in funding toward expanding its team and advancing its custom virtualization engine. These efforts are part of the company's strategy to scale its infrastructure to meet the needs of developers and AI coding agents.