Almanax Raises $1M to Advance Web3 Security Engineering and Open-Source Tools
Almanax is on a mission to tackle Web3 security challenges, empowering engineers with AI-driven solutions for detecting and mitigating smart contract vulnerabilities.
Company Name: Almanax
Location: New York City, NY
Industry: AI-Powered Web3 Security
Funding Details
- Amount: $1M
- Investors: Blockchain Builders Fund, Exor Ventures, Vento Ventures, Italian Angels for Growth (IAG), Eden Ventures by IAG, Moonbase, and angel investors.
Purpose of Investment
- Accelerate team expansion.
- Further develop the Web3 Security Atlas, an open-source initiative in collaboration with TRM Labs, AnChain.AI, Hypernative, and supported by the Stellar Development Foundation.
Leadership
- Founders: Francesco Piccoli, Giorgio Demarchi, Maxwell Watson
"At Almanax, we’re focused on addressing Web3’s most pressing security challenges. Our open-source Web3 Security Atlas and AI models, such as ALMX-1, are built to empower engineers and enhance trust in blockchain systems. With this funding and the support of leading investors and collaborators, we’re ready to accelerate our mission." Co-founder Francesco Piccoli
Product
Almanax provides cutting-edge AI tools designed to address critical security challenges in Web3 environments.
Key Features
- ALMX-1: Flagship model enabling engineers to detect and manage smart contract vulnerabilities in real-world scenarios.
- ALMX-2 (In Development): A next-generation model building on ALMX-1 with expanded support for multiple programming languages.
About the Company
Almanax is on a mission to tackle Web3 security challenges, empowering engineers with AI-driven solutions for detecting and mitigating smart contract vulnerabilities. Through initiatives like the Web3 Security Atlas, Almanax contributes to a safer, more resilient blockchain ecosystem.
