Almanax develops AI-driven security models and platforms for the web3 ecosystem, focused on detecting and managing smart contract vulnerabilities. Its flagship model, ALMX-1, is a platform that enables engineers to manage real-world smart contract vulnerability detection. The company is developing ALMX-2, a follow-on model that builds on its existing support for multiple programming languages. Almanax launched the open-source Web3 Security Atlas in collaboration with TRM Labs, AnChain.AI and Hypernative, supported by the Stellar Development Foundation. It raised $1M and intends to use the funds to accelerate team expansion and continue development of the Web3 Security Atlas. The company was formed in 2024 by Francesco Piccoli, Giorgio Demarchi and Maxwell Watson. Almanax builds security tools to make Web3 safe and to prevent catastrophic crypto losses, beginning with AuditLLM, its first AI product that automatically audits smart contracts. The company was founded by Francesco Piccoli and Maxwell Watson. It raised an undisclosed Pre-Seed investment from defy.vc. Almanax said it will use the funds to expand operations and accelerate development efforts. AuditLLM is intended to reduce costs and wait times and to address point-in-time limitations, ineffectiveness, and redundancy in existing audit workflows. The company has also been selected by NVIDIA to participate in its Inception Program.

Total raised

$1M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2025