Participated · Seed · Jan 2023

Hypernative is a Tel Aviv-based provider of real-time monitoring, risk detection, and automated response for Web3 that uses machine learning, heuristics, simulations, and graph-based detections. The platform tracks onchain and offchain data and identifies over 300 risk types across smart contracts, bridges, frontends, market manipulations, and private key theft. Its product set includes Guardian, a real-time transaction security solution that simulates the outcome of every transaction before approval, and integrations into wallets, exchanges, sequencers, liquidity pools, and frontends. Hypernative said it detected over $2.2 billion of losses in 2024 and is used by more than 200 customers to help protect over $100 billion in assets, while network coverage has expanded to 60+ chains. The company plans to expand its offering to include fraud prevention and wallet-level transaction protection as part of an end-to-end Web3 security platform. New funding will also be used to expand AI capabilities through higher-quality training data and to support team growth and customer-facing risk analysis and support. Hypernative provides a real-time monitoring, risk-detection, and automated response platform that protects Web3 applications and identifies the majority of attacks, giving users minutes to respond before exploits can do damage. The platform has expanded its network coverage to more than 40 chains and added hundreds of detectors. More than 100 Web3 projects use Hypernative, including Balancer, Chainlink, Circle, Quantstamp, Solana, Starknet, and Uniswap. The company has launched Hypernative Security Oracle, an inline solution to block attackers without degrading user experience, and Hypernative Screener, which screens addresses to identify risks prior to authorizing transactions. Led by CEO Gal Saige and based in Herzeliya, Israel, Hypernative plans to expand into new security stack verticals, build a Web3 security network, extend its global reach, and grow its team. The company intends to establish real-time monitoring and response as a standard security practice. Hypernative focuses on preventing web3 cyber attacks by detecting threats before they occur. In September the team launched Pre-Cog, a platform that monitors on- and off-chain data sources to predict threats. Since launch the company says Pre-Cog has helped users save tens of millions of dollars. The startup emphasizes "building detection early" and manually integrates tools into customer workflows. Its ideal clients include asset managers, hedge funds, traders, market makers, blockchains and protocols. Hypernative plans to build prevention workflows that provide end-to-end systems to mitigate risk without user intervention.

Participated · Seed · Sep 2022

Tres is a comprehensive accounting and financial data reporting platform for crypto assets that operates as a Web3 financial data lake. Led by CEO Tal Zackon, the platform manages financial end‑points across 100+ Web3 networks and enables organizations to streamline accounting, auditing, and reporting. Its customers include Web3 finance teams, foundations and DAOs, asset managers, exchanges, financial institutions, and staking providers. Tres offers solutions for tracking, monitoring, and reporting all financial activity across every blockchain. The company has offices in London and New York and plans to use new funding to expand adoption of its solutions. Tres provides a unified "data lake" that ingests on-chain and centralized finance data across wallets, accounts and platforms so finance teams at crypto companies can run balance calculations, auditing and reporting without crypto-native expertise. Its platform can onboard any on-chain or CEX data source and enable workflows for monitoring on-ramps and off-ramps. The startup says it can pull transactions from multiple chains and wallets into one dataset that can be sliced for financial analysis. Tres has monitored and analyzed more than $40 billion of crypto assets for customers including Hivemind Capital, Stakely and Blockdaemon across the U.S., Israel and Europe. The new capital will be used to hire and further develop the product while onboarding customers and expanding use cases. Management positions the company as a prospective "financial backbone" for crypto organizations and says the current bearish market is increasing demand for clearer financial visibility.

Participated · Series A · Jun 2021

Blockdaemon offers a full-stack node infrastructure and staking platform with institutional-grade security, scalability and monitoring, accessible via APIs and a Blockdaemon Marketplace. The company supports 50+ blockchain networks and operates across 70+ points of presence on cloud and bare metal, powering tens of millions of registered users through exchanges, custodians and other financial institutions. Its product suite includes transaction nodes, institutional staking, custodial APIs, integrated liquidity solutions, high-availability clusters, and tooling for NFT and DeFi use cases. Blockdaemon is advancing an Open Source Ecosystem Initiative to improve node software, crypto libraries and public documentation to increase network resilience. The company has been expanding its team (adding over 150 full-time employees, mostly engineers) and closed 2021 net income positive. Near-term plans include accelerating strategic acquisitions, further enhancing the node stack product suite, launching a DeFi Fund to reinvest earned assets, and commercializing a KYC-only liquid staking product via a partnership with StakeWise. Blockdaemon provides institutional-grade blockchain node infrastructure, staking and node-management services, supporting 40+ blockchain networks across cloud and bare-metal deployments. Its platform offers APIs, high-availability clusters, auto-decentralization and auto-healing to exchanges, custodians, crypto platforms, financial institutions and developers. Over the past year the company grew valuation 70x, revenues 20x and headcount 5x, launched more than 25,000 nodes and averages more than $10 billion in staked assets monthly. Blockdaemon has expanded its global cloud-region and data-center footprint and is extending its presence in Europe through the acquisition of Anyblock Analytics. The Anyblock purchase brings on-chain analytics, monitoring, API and node-hosting tooling and adds the Anyblock team to accelerate NFT infrastructure and expand Blockdaemon’s Ubiquity data API capabilities. Advisors on the transaction included Galaxy Digital Partners (financial) and Cooley LLP and Bird & Bird LLP (legal). Blockdaemon operates a blockchain infrastructure platform that lets customers deploy, manage and stake nodes across cloud and bare-metal environments with institutional-grade security, scalability, and monitoring. The company supports 40+ blockchain networks (including Ethereum 2.0, Bitcoin, Solana, Cardano, Polkadot and others) and offers a Blockdaemon Marketplace for global node deployment. Blockdaemon powers exchanges, custodians, crypto platforms and financial institutions and reports tens of millions of registered users across its customers. Over the past year it doubled managed node count from 8,000 to 18,000, launched over 10,000 ETH 2.0 validators, averaged more than $10 billion in staked assets, and expanded to 70 points of presence globally. The company says it achieved a 70x increase in valuation, a 20x increase in revenue and a 5x increase in headcount over the past year. Blockdaemon has added regional and data-center diversification and an insurance guarantee for customers. The company plans further international hiring and strategic acquisitions and intends to expand APIs, financial reporting capabilities, and infrastructure integration for institutional clients. Blockdaemon provides institutional-grade node infrastructure and staking services, offering cloud and on‑premise deployments, APIs, high-availability clusters, auto-decentralization and auto-healing. The platform supports more than 40 blockchain networks and powers 25 million registered users across the platforms it supports. Over the past year Blockdaemon has deployed more than 10,000 nodes across 40 networks and 20 global regions. The company reports averaging more than $5 billion in staked assets and says it is on track to have upwards of $50 billion by year end, and it has grown revenue 10x since the beginning of the year. Management says the new capital will be used to expand node infrastructure services, grow headcount globally (including recent senior hires), strengthen presence in emerging markets, deepen strategic relationships with financial institutions, and accelerate growth via targeted acquisitions. Blockdaemon is a distributed ledger infrastructure startup that offers a node management platform with auto-scaling, enhanced monitoring, high-availability clusters, APIs and cloud-managed node monitoring for on-premises or cloud deployments. Developers gain access to back-end systems and more than 30 protocols through the Blockdaemon Marketplace, including Bitcoin, Litecoin, Ethereum and Stellar. The platform targets networks, exchanges, enterprises, custodians, developers and funds and claims more than 250 institutional customers. Named customers and partners include Trust Wallet, Coinfund, the Algorand Foundation and Ledger. Blockdaemon plans to broaden its infrastructure offerings to include financial reporting and additional APIs to cover more industry use cases. It also intends to contribute to the stability and accessibility of payment-centric networks and projects such as Transparent Systems, Celo, MobileCoin, the Lightning Network and ETH2.0.