Key Points:
- Hypernative adds AI-powered tools to protect $100B across 60+ blockchain networks in real time.
- Series B round boosts Hypernative’s funding to $56M as Web3 threats grow by 22% yearly.
- Guardian tool simulates transactions to prevent blind signing, helping users avoid fraud and exploits.
Crypto security firm Hypernative has raised $40 million in a Series B funding round. The company is based in Tel Aviv, Israel, and provides real-time monitoring and threat prevention for Web3 platforms. The round was co-led by Ten Eleven Ventures and Ballistic Ventures, with support from StepStone Group, boldstart ventures, and IBI Tech Fund.
This brings Hypernative’s total funding to $56 million, following its $16 million Series A round announced in September. The company plans to use the new capital to expand its AI-powered security tools, grow its workforce, and improve customer service.
Focus on Real-Time Threat Prevention
Hypernative says its platform has already helped protect over $100 billion in digital assets. The company provides onchain analytics, wallet-level protection, and transaction simulations. It has worked with over 200 Web3 projects, including exchanges, wallets, and stablecoin issuers.
“In 2024, we detected over $2.2 billion in losses from hacks, exploits, phishing, and fraud,” Hypernative said in a post.
Notably, that figure represents a 22% increase from the previous year, according to the company.
Hypernative’s platform is built to respond in real time, aiming to prevent threats before they cause damage. The firm recently expanded its coverage to over 60 blockchain networks, including Solana and THORChain. It has added hundreds of detection tools that monitor for financial, compliance, governance, and security risks.
Product Expansion and New Features
Hypernative is investing in tools for fraud prevention and wallet transaction protection. A new product, Guardian, simulates the outcome of each transaction before approval to help users avoid “blind signing” — a process where users approve actions without understanding the result.
The platform also introduced ways to integrate its threat data into smart contracts, sequencers, liquidity pools, and other key areas of blockchain infrastructure. These updates aim to support more secure and informed decision-making across the Web3 ecosystem.
The company is also working to enhance its AI systems by training them on a wider and more accurate set of data. This move is intended to make detection faster and more accurate, while also helping Hypernative adapt to new attack methods.
Investors See Growing Need for Security Tools
Ten Eleven Ventures and Ballistic Ventures, the lead investors in the Series B round, pointed to rising threats in the Web3 space as a key reason for their investment.
“Hypernative’s approach to real-time detection makes it a core player in Web3’s future,” said Mark Hatfield, Co-founder and General Partner at Ten Eleven Ventures. “We’re proud to support their next phase.”
Barmak Meftah of Ballistic Ventures added,
“What Gal and the team have built is foundational to the next era of the internet.”
Hypernative’s customer base includes networks such as Ethereum and Aptos, as well as DeFi projects and asset managers. The firm says its platform is used to help prevent risks across a broad range of blockchain operations.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
