Hypernative raises $40M Series B to build the security infrastructure Web3 lacks
With support from leading cybersecurity investors, the company targets the root cause of crypto’s trust problem.
In the ever-volatile world of Web3, where code governs billions in financial assets and entire ecosystems operate without centralized oversight, a wave of increasingly sophisticated attacks is forcing a fundamental rethink of digital security. On Tuesday, Tel Aviv–based Hypernative announced it has raised $40 million in Series B funding, as the startup aims to become Web3’s frontline defense system, detecting and defusing threats in real time before damage is done.
The round, co-led by cybersecurity specialists Ten Eleven Ventures and Ballistic Ventures, underscores growing investor recognition that security is no longer a secondary concern in decentralized finance. As traditional institutions begin adopting blockchain technology, led by the rapid growth of stablecoins and tokenized assets, the industry’s weakest link is clear: 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.”
Hypernative's platform, which is used by over 200 Web3 organizations to protect more than $100 billion in assets, detected $2.2 billion in crypto losses from hacks, phishing attacks, and fraud in 2024 alone, a 22% jump over the previous year. That figure includes high-profile catastrophes like the February Bybit hack, which siphoned off $1.4 billion and sent shockwaves through the crypto world.
With projections pointing toward another record-breaking year of breaches, the case for proactive, rather than reactive, defense is gaining urgency.
Hypernative’s approach combines AI-driven detection, blockchain-specific threat simulations, and integrations that stretch across wallets, exchanges, and smart contracts. Its tools give developers a brief but critical advantage: minutes of warning before a malicious transaction executes or a smart contract is exploited.
This funding round will help Hypernative expand into adjacent areas such as fraud prevention and wallet-level transaction protection. According to the company, these are essential steps toward building an end-to-end security platform, what some in the industry view as a missing “security infrastructure layer” for blockchain.
Part of the investment will go toward strengthening Hypernative’s AI models through better training data and expanding the team to deliver expert analysis and support. The company also recently rolled out Guardian, a tool that simulates the outcome of every transaction in real time to protect against so-called “blind signing”, a common vulnerability in decentralized applications.
