On Tuesday, a Tel Aviv-based company called Hypernative announced it raised $40 million in Series B funding. The startup aims to be the first line of defence in Web3 by identifying and preventing threats before any harm is done.
The funding round was led by cybersecurity experts Ten Eleven Ventures and Ballistic Ventures. This indicates that investors now view security as a top priority in decentralised finance (DeFi).
As traditional companies begin to adopt blockchain technology, particularly with the rise of stablecoins and tokenized assets, the biggest challenge in the industry is building trust.
“Web3 is at an inflection point,” said Gal Sagie, Hypernative’s CEO and co-founder. “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.”
“Web3 is at an inflection point,” said Gal Sagie, Hypernative’s CEO and co-founder. “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.”
With predictions showing another year of record-breaking security breaches, it’s becoming increasingly urgent to focus on preventing attacks before they occur rather than just responding to them afterwards.
Hyperactive uses AI to detect threats, runs special tests for blockchain risks, and connects with wallets, exchanges, and smart contracts. Its tools give developers a brief but crucial warning—just minutes before a harmful transaction occurs or a smart contract is compromised.
This new funding will enable Hypernative to expand into related areas, such as preventing fraud and protecting transactions directly within wallets.
The company states that these steps are crucial for establishing a comprehensive security system, which many experts believe is lacking in the blockchain world.
Some of the investment money will be used to enhance Hypernative’s AI by utilising more accurate training data and hiring additional experts to provide analysis and support.
The company also launched a new tool called Guardian, which checks every transaction in real-time to protect against “blind signing,” a common security risk in decentralized apps.
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