September 03, 2024
Hypernative, a web3 security company specializing in hack prevention, has secured $16 million in a Series A funding round. The round was led by Quantstamp, with participation from Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital, and others.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Hypernative | $16M | September 3, 2024 | Series A | $27M | Quantstamp | Web3, Security |
Co-founder and CEO Gal Sagie mentioned that Hypernative started raising funds for this round earlier in the year and completed it by mid-2024. This equity round brings Hypernative’s total funding to $27 million, which includes a $9 million seed round in January 2023 and a $2 million seed extension from strategic partners. Sagie did not disclose the company’s valuation.
About Hypernative
Hypernative is a web3 security company that helps protect digital assets and applications from hacks and other threats. They use advanced technology to detect and prevent attacks before they can cause damage. Hypernative’s platform monitors for risks in real-time and alerts users to potential issues, ensuring the safety of web3 projects.
Website: https://www.hypernative.io/
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About Investor
Investor: Quantstamp
Quantstamp is a leading blockchain security company that focuses on ensuring the safety of digital assets and smart contracts. They provide security audits and continuous monitoring to detect and prevent vulnerabilities in blockchain projects. Since 2017, Quantstamp has secured billions of dollars in digital assets and worked with many well-known names in the web3 space.
Location: San Francisco
Website: https://quantstamp.com/
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