On September 3, 2024, Hypernative, a Web3 security firm, successfully raised $16 million in a Series A funding round. The investment aims to enhance the safety of the crypto ecosystem. The round was led by Quantstamp and included contributions from Bloccelerate, Boldstart Ventures, Borderless Capital, IBI Tech Fund, CMT Digital, Knollwood, and Re7 Capital. The funds will be used to secure Web3 infrastructure, ensuring the security of everything built, run, and owned in the Web3 space.