Tech Company Financing Transactions
SphereX Funding Round
On 8/9/2023, SphereX raised $8.2 million in Seed funding from Aleph Venture Capital, Fabric Ventures and Mensch Capital Partners.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$8,200,000
Round
Seed
Proceeds Purpose
The company has just launched SphereX Protect, which defends smart contracts from malicious activity including 0-day exploits, while maintaining the continuity.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Tel Aviv, 6744320
IL
Tel Aviv, 6744320
IL
Phone
Undisclosed
Website
Email Address
Overview
SphereX's smart contract is backed by powerful ML engines and behavioral analysis of the protocol and is deployed and integrated into its customers' protocols. SphereX blocks 0-day exploits and malicious transactions while approving legitimate transactions, preventing devastating hacks and loss of funds while preserving protocol continuity.
Management Team
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