According to Odaily, Mamori, a company dedicated to enhancing Web3 security, has successfully raised $5 million in a seed funding round. The round was led by Blockchain Capital. Mamori is committed to improving the safety of Web3 by developing an algorithm capable of identifying issues in blockchain software.
The company's primary focus is on the development of a unique algorithm that can detect and rectify problems within blockchain software. This is part of their broader mission to enhance the security of Web3, a decentralized internet powered by blockchain technology.
The successful seed funding round, led by Blockchain Capital, has provided Mamori with the necessary financial resources to continue its work in this area. The $5 million investment will be used to further the company's research and development efforts, with the ultimate goal of improving the safety and reliability of Web3.