Crypto security startup Hypernative raises $40 million in Series B financing

Crypto security startup Hypernative has raised $40 million in a Series B financing round, according to an announcement on Tuesday. The capital raise was co-led by venture firms Ten Eleven and Ballistic Ventures. Hypernative calls itself a “real-time security platform” that has worked with over 200 web3 projects, helping to secure more than $100 billion in value. It provides wallet security, onchain analytics, and transaction simulations.“In 2024, we detected over $2.2B in losses from hacks, exploits, phishing, and fraud. That’s a 22% jump from the year before,” Hypernative wrote in an X post.The Tel Aviv, Israel-based team plans to invest in its AI-powered tools and expand its workforce with the new financing, according to the announcement. It previously announced a $16 million Series A funding round in September. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.