Web3 security company Hypernative raises $40 million in Series B funding

According to Axios, Hypernative, a Web3 security company, has raised $40 million in Series B funding, led by Ten Eleven Ventures and Ballistic Ventures, with participation from StepStone Group, Boldstart Ventures, and IBI Tech Fund. Foresight News previously reported that Hypernative completed a $16 million Series A funding round in September 2024.