Hypernative, a leading Web3 security firm leveraging AI-powered detectors, transaction simulators, and deep on-chain/off-chain analysis, has secured $40 million in a Series B funding round co-led by Ten Eleven Ventures and Ballistic Ventures. The round also saw participation from notable investors, including StepStone Group, Boldstart Ventures, Quantstamp, and IBI Tech Fund.
The fresh capital will be used to expand Hypernative’s team and enhance its suite of AI-driven transaction monitoring and security services. This will focusing on fraud prevention, wallet-level protection, and real-time threat mitigation.
Addressing the Growing Need for Web3 Security
Web3 security remains a critical concern as blockchain technology intersects with artificial intelligence and decentralized applications. According to Hypernative, its security detection system identified over $2.2 billion in potential losses. These are from hacks, exploits, phishing, and fraud in the past year—a 22% increase compared to the previous year.
The company highlighted the devastating impact of the $41.4 billion Bybit hack in February, which underscores the urgent need for robust security measures. Hypernative warned that 2025 could become another record-breaking year for security failures unless preventive measures are strengthened.
Hypernative wrote on X:
Protecting Over $100 Billion in Assets
Hypernative claims its security services currently protect over 200 Web3 projects and safeguard more than $100 billion in value. Its advanced tools include:
- AI-powered detectors: Identifying suspicious activities and potential threats in real time.
- Transaction simulators: Analyzing transactions before execution to prevent malicious outcomes.
- Deep on-chain/off-chain analysis: Providing comprehensive insights into blockchain activity and external data sources.
These capabilities position Hypernative as a leader in mitigating risks across decentralized ecosystems.
A Mission to Close the Security Gap
Commenting on the funding announcement, Gal Sagie, Co-founder and CEO of Hypernative, emphasized the importance of addressing Web3’s security challenges:
“Web3 is at an inflection point: clear regulation is finally emerging, and institutional adoption is accelerating, led by stablecoins and tokenized assets. But security remains the biggest blocker to mass adoption—and Hypernative is on a mission to close that gap.”
By focusing on real-time, preventive security, Hypernative aims to foster trust among developers, users, and institutions, paving the way for broader adoption of Web3 technologies.
Hypernative’s Growth Journey
Hypernative emerged from stealth in January 2023 with a $9 million seed round led by Boldstart Ventures, with participation from Blockdaemon, Alchemy, Borderless, CMT Digital, and Nexo. In September 2023, the company raised a $16 million Series A round. Investors in the Series A included Quantstamp, Boldstart Ventures, IBI Tech Fund, CMT Digital, Bloccelerate, and Borderless Capital.
Hence, Hypernative’s $40M Series B raises total funding to $65M, showcasing strong investor backing for its Web3 security mission.
Why This Funding Matters
The infusion of capital comes at a pivotal moment for the Web3 ecosystem. As regulatory frameworks take shape and institutional adoption accelerates, security remains a significant barrier to mainstream acceptance. Hypernative’s focus on AI-driven solutions and real-time threat prevention addresses these concerns head-on, positioning the company as a key player in shaping the future of decentralized systems.
With its expanded resources, Hypernative is well-equipped to scale its operations, innovate its product offerings, and meet the growing demand for secure Web3 infrastructure.
Final Thoughts
Hypernative’s $40 million Series B marks a significant milestone in its journey to redefine Web3 security. Therefore, by combining cutting-edge AI technology with deep blockchain expertise, the company is tackling one of the most pressing challenges facing the decentralized ecosystem.
As Web3 continues to evolve, Hypernative’s efforts to build trust at the infrastructure level could prove instrumental in driving mass adoption. For now, the company is poised to lead the charge in creating a safer, more secure digital future.
