Web3 Security Startup Cube3.Ai Raised $8.2 Million, Led By Blockchange Ventures

Web3 Security Startup Cube3.Ai Raised $8.2 Million, Led By Blockchange Ventures
Source: Cube3

The web3 security startup Cube3.ai raised $8.2 million in a seed funding round led by Blockchange Ventures.

Additional participants included Dispersion Capital, Symbolic Capital, Hypersphere Ventures, ICLUB and TA Ventures.

Cube3 uses machine learning algorithms to check blockchain-based transactions as they occur. If a malicious transaction is detected, the algorithm sends an alert for the company to deploy a smart contract and prevent the transaction from going through. The startup protects transactions on Ethereum, BNB Smart Chain, Arbitrum and Polygon, with Avalanche coming later this month.

 

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Source

Fund Raising

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