TechFlow news, September 3 — According to The Block, Web3 security firm Hypernative announced it has raised $16 million in a Series A funding round. The round was led by fellow Web3 security company Quantstamp, with participation from Bloccelerate VC, Boldstart Ventures, and several other institutions. Gal Sagie, co-founder and CEO of Hypernative, said the latest funding is an equity round, bringing the company's total raised capital to $27 million.
Hypernative offers a real-time risk monitoring platform that leverages AI and machine learning to analyze on-chain and off-chain data, capable of identifying over 200 types of risks. Since launching in September 2022, the platform has served more than 120 clients, including prominent organizations such as Uniswap, Solana, and Circle. Sagie stated that Hypernative is the first security solution directly connected to Layer 2 sequencers, enabling it to prevent cyberattacks at the blockchain infrastructure level.
