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Web3 security firm Hypernative raises $16 million in Series A funding

Web3 security firm Hypernative raised $16 million in a Series A round, led by another web3 security firm, Quantstamp, with participation from Bloccelerate VC, Boldstart Ventures, Borderless Capital, CMT Digital, IBI Tech Fund, Re7 Capital, and others. The round, in the form of an equity round, brings Hypernative's total funding to $27 million, including a $9 million seed round in January 2023 and a $2 million seed round from "some strategic partners".