Web3 Security Company Almanax Raises Pre-Seed Funding to Expand Operations and Develop AI Product for Smart Contract Auditing
Web3 Security firm Almanax has secured Pre-Seed funding from defy.vc, with the amount remaining undisclosed. The company, founded by Francesco Piccoli and Maxwell Watson, plans to use the funds to expand operations and develop its security tools. Almanax's first AI product, AuditLLM, is designed to automatically audit smart contracts and reduce costs, wait times, point-in-time limitations, ineffectiveness, and redundancy. The firm has also been selected to participate in NVIDIA's Inception Program.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMX vs MPEPE: Here’s How Immutable X Investors Are Making Extra Profits For Investing Liquidity
Riot Platforms and Bitfarms reach settlement agreement to end acquisition bid
Bitfarms and Riot Platforms reach settlement agreement in takeover saga
Bitfarms and Riot Platforms have reached a settlement, potentially bringing an end to a takeover saga between the two Bitcoin mining firms.Under the terms of the deal, Riot is prohibited from acquiring more than 20% of Bitfarms without prior board approval.