Web3 security company Hypernative completes a $16 million Series A financing round, led by Quantstamp.

According to The Block, on September 3, Hypernative, a Web3 security company, announced the completion of a $16 million Series A financing round. The round was led by another Web3 security company, Quantstamp, with participation from multiple institutions including Bloccelerate VC and Boldstart Ventures. Gal Sagie, co-founder and CEO of Hypernative, stated that this round of financing was equity financing, bringing the total funding raised by the company to $27 million.

Hypernative provides a real-time risk monitoring platform that uses AI and machine learning technology to monitor on-chain and off-chain data, capable of identifying over 200 types of risks. Since its launch in September 2022, the platform has served over 120 clients, including well-known institutions such as Uniswap, Solana, and Circle. Sagie mentioned that Hypernative is the first security solution directly connected to Layer 2 sorters, capable of preventing hacker attacks at the chain infrastructure level.