By VC News Daily

NEW YORK, NY, Blockchain solutions startup Almanax has secured a pre-seed investment from defy.vc.

Almanax has secured a pre-seed investment from defy.vc, a $700M+ San Francisco-based venture capital firm, and has been selected by NVIDIA to participate in its Inception Program.

Almanax’s first product addresses the pressing issues of expensive, lengthy, and often ineffective security audits within the Web3 space. Using cutting-edge AI and large language models (LLMs), Almanax provides automated smart contract audits, by finding vulnerabilities in them before hackers do. This offers blockchain developers a detailed vulnerability scan and security patches in seconds, drastically enhancing current security practices.

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Source: VC News Daily