According to ChainCatcher, Web3 security company Hypernative has completed a $16 million Series A financing round, led by Quantstamp. Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital and others participated in the investment. Hypernative's total financing amount has reached $27 million.
Hypernative offers a “real-time” risk monitoring platform designed to detect hacks before they happen, giving users time to take action before any damage is done. The company says its platform monitors both on-chain and off-chain data, using artificial intelligence and machine learning tools to identify more than 200 risks, including smart contract hacks, bridge safety issues, and market manipulation.