Hypernative Raises $9M in Seed Funding

Hypernative, a Herzeliya, Israel-based startup that focuses on crypto security for asset managers, hedge funds, traders, and market makers, raised $9m in seed funding.

The round was co-led by Boldstart Ventures and IBI Tech Fund, with participation from Blockdaemon, Alchemy, Borderless, CMT Digital, and Nexo.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Gal Sagie and Chief Technology Officer Dan Caspi, Hypernative is exiting from stealth mode to stop zero day cyber threats, economic and governance risks and protect digital assets managers, protocols and Web3 applications from significant losses. Powered by its “pre-cog” platform, Hypernative monitors on and off chain data sources using proprietary machine learning models to accurately predict cyber, economic, governance and community threats before they impact.

FinSMEs

31/01/2023